American Mutual Liability Insurance v. Neville Chemical Co.

MEMORANDUM OPINION

ZIEGLER, District Judge.

Plaintiff, American Mutual Liability Insurance Company, was the liability insurer of defendant, Neville Chemical Company, from January 1, 1971 to January 1, 1977. Plaintiff brings this action for additional premiums of $140,951.00 predicated on a retrospective rate adjustment, $28,670.00 in estimated dividends which were cancelled as a result of Neville’s failure to pay premiums, plus interest, costs and attorney’s fees.

Neville denies that it owes American Mutual any sum and defendant has filed a counterclaim for legal expenses incurred when American…