Travelers Indemnity Company v. Worley

Eberhardt, Judge.

The Travelers Indemnity Company brought suit against L. C. Worley, d/b/a Worley Transfer Company, for additional premiums due which were determined by an audit at the end of the policy year. The insurance contract provided that an estimated premium would be paid by Worley at the inception of the policy year, and that any adjustments to the premium determined to be necessary by Travelers’ audit at the conclusion of the policy year would be paid at the completion of the audit. During the course of the policy year, certain of Worley’s trucks were of such a size and weight as…