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OWENS v. PENN MUT. LIFE INS. CO.

No. 87-2561.

851 F.2d 1053 (1988)

Milton OWENS, d/b/a The Owens Agency, Appellee, v. The PENN MUTUAL LIFE INSURANCE COMPANY, Penn Insurance and Annuity Company, Appellants.

United States Court of Appeals, Eighth Circuit.

Decided July 12, 1988.

Rehearing Denied August 16, 1988.

Attorney(s) appearing for the Case

Phillip Carroll, Little Rock, Ark., for appellants.

Byron Freeland, Little Rock, Ark., for appellee.

Before MAGILL, Circuit Judge, and BRIGHT and NICHOL, Senior District Judges.

NICHOL, Senior District Judge.

The plaintiff Milton Owens, was employed by the defendants, The Penn Mutual Life Insurance Company and Penn Insurance and Annuity Company, as a general agent and manager in Little Rock, Arkansas. On January 1, 1986, the plaintiff resigned and opened The Owens Agency and began working for Home Life Insurance of New York as the manager of its Little Rock office.

During plaintiff's employment with the defendants, he signed several...

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