Rumpf v. Massachusetts Mutual Life Insurance

ANDERSON, J.:

Appellants brought this action against Massachusetts Mutual Life Insurance Company (“Mass Mutual”) and The Palmetto Bank (“Palmetto Bank”) asserting causes of action for fraud and breach of fiduciary duty relating to the payment of dividends that accrued under an annuity contract with Mass Mutual. The trial court found these claims failed on their merits and were barred by the applicable statute of limitations. We affirm.

FACTS/PROCEDURAL BACKGROUND

This case has its origins with a company that no longer exists, Rumpf Truck Line, Inc. (“RTL”). RTL was a family-owned business with…