Travelers Indemnity Co. v. International Nutrition, Inc.

International Nutrition, Inc., acquired workers’ compensation insurance from The Travelers Indemnity Company (Travelers) through the State of Nebraska’s assigned risk program. Soon after the policy term began, Travelers changed International Nutrition’s classification code and retroactively applied the change, which resulted in an increase in International Nutrition’s premium payments. Travelers sued International Nutrition for failure to pay the premiums. The primary issue presented in this appeal is whether Travelers had the authority to change International Nutrition’s classification code…