(A) When the insurance or bond required under this chapter is to be canceled short of the specified term or expiration date specified therein, the commission requires not less than ten days' written notice of cancellation. Motor carriers must not operate after the cancellation of insurance unless new coverage has been filed with the commission. Failure to maintain insurance will result in revocation of motor carrier authority thirty days after the expiration or cancellation of the policy unless the motor carrier applies for and obtains authority to temporarily suspend operations. Request for temporary suspension of operations must be filed with the commission not less than fifteen days prior to effective date of expiration or cancellation of policy or bond and, if granted by the commission, may last no more than thirty days, upon which time a carrier shall provide proof of insurance. Otherwise, the carrier's authority shall be revoked by the Commission. If a temporary suspension is granted under this section, a motor carrier shall be prohibited from operating until the temporary suspension has been removed through a filing with the commission. Such a filing shall be made on forms prescribed by the commission and shall include proof that the expired or canceled insurance has been restored.
(B) Notice of cancellation of insurance shall be given to the commission by the insurer in the form set forth by the commission.
(C) Notice of cancellation of surety bond shall be given to the commission in the form set forth by the commission.
(D) Notice to rescind cancellation and reinstate insurance or surety bond shall be given to the commission in the form set forth by the commission.
R.C. 119.032 review dates: 11/24/2009 and 05/31/2014
Promulgated Under: 111.15
Statutory Authority: 4901.13, 4921.04, 4923.03
Rule Amplifies: 4921.03, 4921.04, 4921.11, 4921.39, 4921.40
Prior Effective Dates: 2/1/1975, 8/1/1992