North Carolina Utilities Commission Issues Order Involving The Trading Post - Insurance News | InsuranceNewsNet

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June 20, 2018 Newswires
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North Carolina Utilities Commission Issues Order Involving The Trading Post

Targeted News Service

RALEIGH, North Carolina, June 19 -- The North Carolina Utilities Commission issued the following order (Docket No. T-4196, SUB 9) involving The Trading Post:

In the Matter of The Trading Post, Inc., 100 Smith Level Road, Carrboro, North Carolina 27510 - Termination of Liability Insurance Coverage

ORDER TO SHOW CAUSE IN THE MATTER OF REVOCATION OF 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 Progressive Southeastern Insurance Company, that your liability insurance was canceled as of June 7, 2018.

On May 29, 2018, in Docket No. T-100, Sub 105, the Commission issued an Order suspending the certificate of exemption of the above-named motor carrier for failure to keep on file with the North Carolina Division of Motor Vehicles, For-Hire Section, evidence of insurance for the protection of the public as required by G.S. 62-268 and Commission Rule R2-36. The said motor carrier should be required to appear and show cause why its certificate of exemption should not be revoked.

IT IS, THEREFORE, ORDERED as follows:

1. That, The Trading Post, Inc., be, and the same is hereby, required to appear in Commission Hearing Room 2115, Dobbs Building, 430 North Salisbury Street, Raleigh, North Carolina, at 10:00 a.m. on Friday, July 13, 2018, and show cause, if any it has, why its certificate of exemption should not be revoked for willful failure to maintain on file with the North Carolina Division of Motor Vehicles, For-Hire Section, appropriate security for the protection of the public as is required by G.S. 62-268 and Commission Rule R2-36.

2. That any questions regarding your liability insurance filing (Form E) should be directed to Nicholas Jeffries at 919-733-4036.

ISSUED BY ORDER OF THE COMMISSION.

This the 19th day of June, 2018.

NORTH CAROLINA UTILITIES COMMISSION

Janice H. Fulmore, Deputy Clerk

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