Insurer Ordered To Repay Commissions In UCL Action; Judge Enters Default

(May 14, 2018, 3:06 PM EDT) -- LOS ANGELES — A California federal judge on April 30 entered a default ruling against the president of a company that was alleged to have breached a contract by operating a rebating scheme and to have violated California’s unfair competition law (UCL), ordering that a constructive trust be imposed in the amount of $352,109 for repayment of the stolen fees (PHL Variable Ins. Co. v. Crescent Fin. & Ins. Agency, Inc., et al., No. 2:16-cv-01307, C.D. Calif., 2018 U.S. Dist. LEXIS 73419)....

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