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Amanda Eubank Default Judgment And Order

Order
Docket No. 22-001-I
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Printer friendly version of Docket No. 22-001-I (140.02 KB) 140.02 KB

STATE OF VERMONT

DEPARTMENT OF FINANCIAL REGULATION

 

IN RE: AMANDA CLUBB EUBANK

NPN: 16812636

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                 DOCKET NO. 22-001-I

 

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DEFAULT JUDGMENT AND ORDER

 

 

I.FINDINGS OF FACT

 

Respondent AMANDA CLUBB EUBANK (“Respondent”), whose mailing address of record is 427 Weaverville Road, Asheville, NC 28804 was issued Vermont non-resident insurance producer license # 3675151 on May 27, 2021 which license expires on March 31, 2023.
As of the effective date of this Default Judgment and Order, more than 30 days have passed since the Insurance Division served the Respondent with a Petition for Revocation of License and a Notice of Right to Hearing.  No answer, request for a hearing, or other defense to the Petition has been received by the Insurance Division from Respondent.
More than 10 days have passed since the Insurance Division filed a motion for default judgment in the above-captioned matter and served the motion on Respondent.

 

II.CONCLUSIONS OF LAW

 

Because Respondent’s resident state insurance license in her home state of North Carolina has been revoked, causing Respondent to lose good standing in Respondent’s resident state, revocation of Respondent’s Vermont non-resident insurance producer license is authorized pursuant to 8 V.S.A. § 4804(a)(2) and (10).
Because no answer, request for a hearing, or other defense to the Petition has been received by the Insurance Division from Respondent, and as more than 10 days have passed since the Insurance Division filed a motion for default judgment, the allegations contained in the Petition are treated as proven and a default judgment may be entered in the above-captioned matter, pursuant to Vermont Department of Financial Regulation Administrative Procedures, Regulation DFR-2022-01 (“Administrative Procedures”) Sections 1.04(H) and (V).

III.ORDER

 

Based on the findings of fact and conclusions of law set forth above, a default judgment is entered against Respondent, and it is hereby ordered that the non-resident insurance producer license # 3675151 of Respondent AMANDA CLUBB EUBANK is revoked, effective immediately.

 

Dated at Montpelier, Vermont this ______ day of April, 2022.

                                               

 

By: ________________________________

      Michael S. Pieciak                                               

      Commissioner of Financial Regulation

      Vermont Department of Financial Regulation