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DODD INS. SERVICES v. ROYAL INS. CO. OF AMERICA

No. 89-1368.

935 F.2d 1152 (1991)

DODD INSURANCE SERVICES, INC. and Tom Dodd, Jr., Plaintiffs-Appellants, v. ROYAL INSURANCE COMPANY OF AMERICA, an Illinois corporation f/k/a Royal-Globe Insurance Companies, Defendant-Appellee.

United States Court of Appeals, Tenth Circuit.

June 11, 1991.

Attorney(s) appearing for the Case

Bradley Pollock of Bell & Pollock, Littleton, Colo., for plaintiffs-appellants.

Alan Epstein (Bruce A. Menk with him, on the brief) of Hall & Evans, Denver, Colo., for defendant-appellee.

Before LOGAN, ALDISERT, and SEYMOUR, Circuit Judges.

LOGAN, Circuit Judge.

The plaintiffs, Dodd Insurance Services, Inc. (Dodd Insurance) and its employee Tom Dodd, Jr., appeal a district court decision imposing Rule 11 sanctions against them. We affirm the court's decision to impose sanctions. We vacate and remand, however, for a recalculation of the amount of sanctions to be imposed.

Dodd Insurance is an independent insurance agency. Under the terms of an "Agency-Company Agreement," it sold insurance policies...

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