Carrier profile · USDOT 114270 · MC-149047 · Updated Jun 13, 2026

Magness Oil Company

2 power unitsGASSVILLE, AR84/100

CARRIER ACTIVEMC-149047 ACTIVERATED SATISFACTORY

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

$750K BIPD last filed ’18 · 6 insurers · 1 lapseCoverage lapse

Federated’85–’98

Westport’97–’05

beyond this history

1985199620072018now

Shorter eras are too brief to label at this scale — all 8 insurers are named in the list below.

BIPD in force — $1,000,000 · OLD REPUBLIC INSURANCE COMPANY · since Dec 2018

All 8 insurer eras · dates, limits, renewals

Insurer	Period	Limit	Renewals
PHILADELPHIA INDEMNITY INSURANCE COMPANY	Dec 2016 → Dec 2018	$750K	5
UNITED STATES FIRE INSURANCE CO.	Dec 2015 → Dec 2016	$750K	1
FEDERATED MUTUAL INSURANCE CO.	Dec 2014 → Dec 2015	$750K	1
FARMLAND MUTUAL INSURANCE CO.	Dec 2011 → Dec 2014	$750K	1
FEDERATED MUTUAL INSURANCE CO.	Dec 2007 → Jan 2010	$750K	3
STONINGTON INSURANCE COMPANY	Dec 2005 → Dec 2007	$750K	2
WESTPORT INSURANCE CORPORATION	Dec 1997 → Dec 2005	$750K	3
FEDERATED MUTUAL INSURANCE CO.	May 1985 → Aug 1998	$750K	3