Sec.16-304-D3. Insurance of interstate carriers subject to federal regulation

Where the motor carrier holds a permit issued by the public utilities commission authorizing such person or persons to operate over the highways of this state in the transportation of property for hire in interstate commerce exclusively, policies of insurance as amended by the endorsement provided by these regulations, shall be in compliance with section 174.8 of Motor Carrier Regulations (Title 49, Transportation and Railroads, Part 174, Surety Bonds and Policies of Insurance), adopted by the interstate commerce commission, with such amendments thereto as have since been made or which may be made hereafter by the interstate commerce commission, except that such policies shall be in the amounts and limits set forth in section 16-304-D5 hereof, and shall be either written or confirmed by an insurance, bonding or surety company authorized to write insurance, bonding or surety business in Connecticut, or by a bonding or surety company holding a certificate of authority from the secretary of the treasury of the United States as acceptable surety on federal bonds.