General Accident & Life Insurance v. Owen Building Co.

Plaintiff’s action was instituted to recover judgment for unpaid premiums on three indemnity insurance policies issued by it to defendant. *372There was a verdict for plaintiff. Afterwards the trial court sustained defendant’s motion for a new trial and plaintiff appealed from that order.

It appears that it was stipulated in the policies that premiums should he calculated on the basis of a certain rate per $100 of wages paid by defendant to its employees, and on a certain rate per $100 of the total cost of the building. The estimates to be made by the defendant. It was however further provided…