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ROBINSON v. GUARANTEE TRUST LIFE INS. CO.

No. 03-60801.

389 F.3d 475 (2004)

Mike ROBINSON, Mark Yoder, Jerry King, Herbert Jones, James Smith, Lee Scott Herron, Keith Fletcher, Diana Smith, Darryl Hassan and Ted Dupin, Plaintiffs-Appellants, v. GUARANTEE TRUST LIFE INSURANCE COMPANY; Doe Defendants A-Z, Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

October 27, 2004.

Attorney(s) appearing for the Case

Michael S. Allred (argued), Kathleen Hughes Eiler, The Allred Law Firm, William David Ross, Ross Law Firm, Jackson, MS, for Plaintiffs-Appellants.

Jeffrey S. Dilley (argued), Henke-Bufkin, Lyon, MS, for Defendants-Appellees.

Before SMITH, WIENER and PICKERING, Circuit Judges.

PICKERING, Circuit Judge:

FACTS AND PROCEEDINGS BELOW

Plaintiffs were selling agents for Commonwealth National Life Insurance Company ("Commonwealth") when Commonwealth entered into an Assumption Reinsurance Agreement (the "Reinsurance Agreement") with Guarantee Trust Life Insurance Company ("GTL") on January 1, 1996. Under the Reinsurance Agreement, GTL assumed all of Commonwealth's medicare supplement policies in Mississippi and Commonwealth's obligation...

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