A Southern California jury awarded an insurance broker $3.8 million for lost profits and damages following a hearing on allegations that a health care company refused to pay workers’ compensation premiums, broker fees and commissions.HCF Insurance Agency in Woodland Hills filed a lawsuit against Pasadena Healthcare Management Inc. alleging breach of contract and seeking damages of $380,000.The lawsuit claimed that HCF loaned Pasadena Healthcare the down payment for a workers’ compensation policy that was never repaid, and that Pasadena Healthcare refused to pay its premiums, broker...
Comments