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Loadmaster Universal Rigs, Inc. v. Twin City Fire Insurance Co.

Court: Tx 1-Houston  06/25/2020  Summary Judgment Reversed in Premium Dispute

The trial court erred when it granted summary judgment for an insurer in a dispute regarding the calculation of the premium for an insurance policy because of an ambiguity in the policy regarding the calculation of the minimum retained premium and because of fact questions on the amount of the insured's gross sales.

commercial general liability insurance policy, CGL, premium, Premium Computation Endorsement, PCE, ambiguous, ambiguity, interpretation

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