Donovan v. Bankers Fidelity Life Insurance

HENLEY, Senior Circuit Judge.

Minnie Donovan, Ronnie L. Brown, Consumer Benefit Services, Inc., and Michael L. Tomlin (the agents) appeal from a judgment of the district court1 granting summary judgment in favor of Bankers Fidelity Life Insurance Company and Atlantic American Life Insurance Company (the companies). We affirm.

Appellants, as general agents of the companies, sold medicare supplement insurance policies. Before January 1, 1988, their commissions were based on premium increases for the policies they sold. However, in a December 1987 bulletin, the companies notified the agents that…