AJ CONTRACTING CO., INC. v. TRIDENT MANAGERS, INC.


234 A.D.2d 195 (1996)

651 N.Y.S.2d 498

AJ Contracting Co., Inc., Appellant, v. Trident Managers, Inc., et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

December 24, 1996


This action is based on the claim of plaintiff, a contractor, that it purchased a comprehensive insurance policy unaware of the fact that it was subject to a retrospective rating agreement, which provided that the premium would vary, within a specified range, depending on the actual loss experience under the policy. Plaintiff seeks recovery from, inter alia, defendant Trident Managers, Inc. ("Trident"), which concededly acted as the insurance broker in the purchase...

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