Monarch Life Insurance Co. v. Trinity Industries, Inc.

BATEMAN, Justice.

Monarch Life Insurance Company appeals from a summary, judgment that it take nothing by its suit against Trinity Industries, Inc. for insurance premiums of $22,243. The parties will sometimes be referred to as Monarch and Trinity, respectively.

Monarch’s predecessor (Standard Insurance Company) issued five policies of workmen’s compensation and liability insurance to Trinity’s predecessors (Cherokee Steel, Inc. and Cherokee Laboratories, Inc.). Each of these policies was for a three year term and was issued subject to a “Retrospective Premium Endorsement— Three Year — Plan D,”…