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McKENZIE TANK LINES, INC. v. AETNA CAS. & SUR. COMPANY

No. T-421.

300 So.2d 320 (1974)

McKENZIE TANK LINES, INC., a Corporation, Appellant, v. AETNA CASUALTY AND SURETY COMPANY, a Corporation, Appellee.

District Court of Appeal of Florida, First District.

September 19, 1974.

Attorney(s) appearing for the Case

William C. Owen, W. Guy McKenzie, Jr. and G. Harrold Carswell, of Carswell, McKenzie, Dean & Owen, Tallahassee, for appellant.

J. Lewis Hall and Robert E. Gibson, Tallahassee, for appellee.

BOYER, Judge.

We are called upon to review the propriety of the entry of a summary final judgment relating to construction of a "retrospective premium endorsement" attached to various policies of insurance. Essentially, the term of the policies was three years. Under the retrospective premium endorsement there was a fixed standard premium, and at the end of the period, within certain fixed minimum and maximum limits, the standard premium was to be adjusted "up or...

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