A. The public regulation commission shall immediately suspend, without notice or a hearing, the permit of a transportation network company that:

(1)     does not continuously maintain the insurance coverage prescribed by the Transportation Network Company Services Act;

(2)     does not pay the fees owed by the transportation network company and the transportation network company’s drivers; or

safety.

(3)     operates in a manner that poses an immediate or imminent threat to public B. Once suspended, the transportation network company may apply for reinstatement by requesting a public hearing before the public regulation commission and shall establish that the basis for the suspension has been corrected.