Transport Indemnity Company v. Seib

White, C. J. .

This is an action for insurance premiums. From a jury verdict and judgment for. the plaintiff in the sum of -$6,639.46 John Seib, hereinafter, referred to as defendant, appeals.

The defendant operated a fleet of trucks in various states. The plaintiff writes retrospective insurance. By. the terms of the contract, exhibits 1 and 2, the defendant pays an advance premium based on a percentage of his gross monthly receipts. The insurance covers bodily injury, property and material damage, and cargo liability. As the losses are reported to> the plaintiff, it processes and pays them.…