Premium Finance Corp. of America v. Crump Insurance Services

OPINION

BIRCH, Justice.

In the current case, the plaintiff, a premium finance company, alleged damage as a result of the defendant insurance companies’ failure to return unearned premiums to the plaintiff after cancellation of the underlying insurance contracts. The defendants filed motions to dismiss for failure to state a claim upon which relief can be granted, which the trial court granted as to the plaintiffs claim under the Premium Finance Company Act, Tenn.Code Ann. § 56-37-101 et seq. (1994) (hereinafter “the Act”). 1 The trial court certified its order as final in accordance with Tenn.…