What does bingo card program mean?

bingo card program meaning in Insurance Dictionary

An obsolete system of registering interstate motor carriers to verify that they have the appropriate working authority and car liability insurance coverage set up to work in interstate trade. The identification stamps (called bingo stamps) of all states where engine company operated and fulfilled its needs had been affixed to a taxi card that was held when you look at the automobile all the time. The bingo card program was changed because of the solitary state registration system (SSRS), that has been later changed by the Unified Carrier Registration Agreement (UCRA) program.