St. Louis Trimming, Inc. v. American Credit Indemnity Company, a Company of the Dun & Bradstreet Corporation

The question presented is whether a certain loss is covered by a policy of credit insurance issued by the defendant, American Credit Indemnity Company, to the plaintiff, St. Louis Trimming, Inc. The loss occurred before the premium applicable to the risk in question was paid. The District Court1 construed a provision of the policy to bar coverage under these circumstances. The District Court has filed a thorough published opinion. St. Louis Trimming, Inc. v. American Credit Indem. Co., 924. F.Supp. 99 (E.D.Mo.1996). We have nothing of significance to add. We agree with the well-reasoned…