N.C. Utilities Commission Issues Order Suspending Certificate of Exemption Involving Daehan Express - Insurance News | InsuranceNewsNet

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February 6, 2021 Newswires
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N.C. Utilities Commission Issues Order Suspending Certificate of Exemption Involving Daehan Express

Targeted News Service

RALEIGH, North Carolina, Feb. 6 -- The North Carolina Utilities Commission issued the following order suspending certificate of exemption (Docket No. T-100):

In the Matter of Daehan Express, LLC, 2423 S. Alston Ave., Unit A, Durham, North Carolina 27713 - Termination of Liability Insurance Coverage

ORDER SUSPENDING CERTIFICATE OF EXEMPTION FOR FAILURE TO MAINTAIN INSURANCE

BY THE COMMISSION: The Commission has been advised by the North Carolina Division of Motor Vehicles that they have received notification from Atlantic Casualty Insurance Company that your liability coverage will be canceled as of February 15, 2021.

N.C. Gen. Stat. Sec. 62-268 and Commission Rule R2-36 require certain security for the protection of the public and require that such insurance coverage be continuous and failure to maintain on file with the North Carolina Division of Motor Vehicles such insurance coverage on a continuous basis as required by law can result in the revocation and cancellation of your certificate of exemption.

IT IS, THEREFORE, ORDERED as follows:

1. That, Certificate of Exemption No. C-2621 issued to Daehan Express, LLC, is hereby suspended as of February 15, 2021, and further that any operation of its vehicles, leased or owned, upon the public highways of this State on and after said date is illegal and is hereby, prohibited; and

2. That the filing with the North Carolina Division of Motor Vehicles, For-Hire Section, of the required certificate of insurance (Form E) prior to the date the suspension begins will cause the suspension ordered herein to become null and void and of no further force and effect. Alternatively, the required insurance filing (Form E) may be provided to the Chief Clerk's Office, North Carolina Utilities Commission, 4325 Mail Service Center, Raleigh, North Carolina 27699-4300.

ISSUED BY ORDER OF THE COMMISSION.

This the 5th day of February, 2021.

NORTH CAROLINA UTILITIES COMMISSION

A. Shonta Dunston, Deputy Clerk

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