American Insurance v. C.S. Mc Crossan, Inc.

FAIRCHILD, Senior Circuit Judge.

Defendants C.S. McCrossan, Incorporated, and Midwest Pipe Coating, Incorporated (a McCrossan subsidiary) appeal from a judgment1 in favor of plaintiff, The American Insurance Company for the amount of unpaid insurance premiums, retrospectively computed.2

Plaintiff insurer had issued a general and automobile liability policy and a worker’s compensation policy to defendants. The policies covered the period from August 1, 1978 to August 1, 1981. Deposit premiums were paid, but they were subject to adjustment up or down (within an agreed range) in the light of the…