Carrier profile · USDOT 4101008 · MC-1567114 · Updated Jun 13, 2026

FORMULA GROUP LLC

1 power unitORLANDO, FL50/100

CARRIER ACTIVEMC-1567114 ACTIVEHAZMAT

Authority & Insurance

Active operating authority by type and the full insurance continuity timeline — insurer, policy, coverage, and any lapses — so you can confirm they can legally and adequately haul your load today.

Operating authority· 49 CFR · per type

Operating authority

Common: Active
Contract: None
Broker: None

Insurance & bonds

BIPD / liability$1,000,000 in force

Cargo filing (census)Not recorded per census

Surety bond (census)Not recorded per census

Insurance adequacy· filed BIPD vs the $750K federal floor

$1M in forcegeneral-freight federal minimum

$750K floor

Filed BIPD coverage of $1M meets or exceeds the $750K federal minimum for general freight (49 CFR 387.9). Some commodities (hazmat, larger vehicles) require $1M–$5M — confirm against your load.

Insurance continuity· insurer · policy · lapses

$1M BIPD last filed ’25 · 2 insurers · 0 lapsesContinuous

Progressive Express’23–’25

Prime Property’24–’25

beyond this history

2023202420252026now

BIPD in force — $1,000,000 · CANAL INSURANCE CO. · since Dec 2025

All 2 insurer eras · dates, limits, renewals

Insurer	Period	Limit	Renewals
PRIME PROPERTY & CASUALTY INSURANCE INC	Dec 2024 → Dec 2025	$1M	1
PROGRESSIVE EXPRESS INSURANCE COMPANY	Aug 2023 → Jan 2025	$1M	3