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AMERICAN BANKERS LIFE ASSURANCE CO. v. RICE ACCEPT. CO.

1952061.

709 So.2d 1188 (1998)

AMERICAN BANKERS LIFE ASSURANCE COMPANY v. RICE ACCEPTANCE COMPANY, INC.

Supreme Court of Alabama.

January 30, 1998.

Attorney(s) appearing for the Case

Michael L. Bell and R. Jeffery Kelsey of Lightfoot, Franklin & White, L.L.C., Birmingham, for appellant.

Randy Myers of Richard Jordan, Randy Myers and Ben Locklar, P.C., Montgomery; and W. Sidney Fuller, Andalusia, for appellee.

KENNEDY, Justice.

Rice Acceptance Company, Inc. ("Rice"), sued American Bankers Life Assurance Company ("American Bankers"), alleging that American Bankers had committed fraudulent suppression against Rice in its handling of a dispute over a life insurance policy claim; the policy was sold by Rice and issued by American Bankers. Pursuant to a "Service Expense Reimbursement Agreement" (hereinafter "Reimbursement Agreement...

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