Hartford National Bank & Trust Co. v. United Truck Leasing Corp.

In a purely technical sense this is an action on a promissory note, but the underlying quarrel concerns the right of an insurer to increase the premium charged for a binder and the obligations of an insurance broker to its customer. We sketch the pertinent facts, drawn from findings made by the trial judge, who sat without a jury, and fleshed out from the record before us.

United Truck Leasing Corporation (United), which operates out of Braintree, in 1979 had approximately 500 to 600 2 trucks under lease and on the road. Lessees insured about 300 or 400 of the trucks and United bought…