The Commercial Automobile Insurance Plan (CAIP) is the assigned-risk pool that operates state-by-state to ensure motor carriers who cannot obtain coverage in the voluntary market still meet the federal financial responsibility minimums under 49 CFR Part 387. It was designed for a small residual population of carriers temporarily between voluntary-market placements. In 2026, the pool is absorbing a much larger population — including carriers with dozens of crashes, drivers who cannot pass an English proficiency test, and operations whose declared fleet count significantly underreports their actual exposure. The result is 14 consecutive years of underwriting losses in commercial auto, with $4.9 billion lost in a single year. The premium structure was never calibrated for 80,000-pound vehicles with nuclear-verdict exposure, and the pool cannot fix the gap through pricing alone.