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COLONIAL PENN LIFE INS. v. HALLMARK INS.

No. 93-3090.

31 F.3d 445 (1994)

COLONIAL PENN LIFE INSURANCE COMPANY, Plaintiff-Appellee, v. HALLMARK INSURANCE ADMINISTRATORS, INCORPORATED, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided July 28, 1994.

Attorney(s) appearing for the Case

David L. Doyle (argued), Brian J. Williams, Pope, Cahill & Devine, Chicago, IL, for plaintiff-appellee.

Phillip Fertik, Herbert Beigel (argued), Leigh R. Lasky, Douglas W. Lohmar, Jr., Beigel, Schy, Lasky, Cohen, Rifkind & Hennessey, Chicago, IL, for defendant-appellant.

Before BAUER, WOOD, Jr. and CUDAHY, Circuit Judges.

CUDAHY, Circuit Judge.

In 1986 a company called the Markman Group wanted to sell a new type of major medical insurance policy. Daniel Kubik, an insurance consultant, approached Colonial Penn Life Insurance with a proposition: Colonial Penn could issue and underwrite the policy, which would be sold by Markman (through its existing sales agents), and serviced by Hallmark Insurance Administrators, a company that Kubik would set up with Colonial's financial support.<...

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