Associated Indemnity Corp. v. Oil Well Drilling Co.

DIXON, Chief Justice.

This is an appeal from a summary judgment in which the trial court held invalid on constitutional and statutory grounds( an order of the Board of Insurance Commissioners promulgated in 1943 authorizing the use in this State of the “retrospective rating plan” in computing premiums due on workmen’s compensation insurance.

The litigation began when Associated Indemnity Corporation (hereinafter called Associated) as plaintiff sued Oil Well Drilling Company (hereinafter called Oil Well), defendant, to collect $8,494.00 alleged to be due as a penalty premium on a policy of…