Dear Friend Of CIC Services, Happy Thanksgiving! Please take 2 minutes to vote in the Captive Review Power 50.
For a CFO or Risk Manager in a middle-market company, there aren’t many things worse than turning in a no loss year on your insurance policies, only to be met by significant rate hikes in the coming year. WTF – Why The Face? So, what’s a CFO or Risk Manager to do? Well, here are […]
Captive Insurance Provides The Versatility Needed To Address Cybersecurity Risk Businesses and organizations need flexible, active approaches to stay a step ahead of would-be cybercriminals. And, with flexibility in mind, captive insurance is the most versatile approach to prepare for the financial impact of a cybersecurity loss.
CIC Services’ lawsuit against the IRS regarding Notice 2016-66 is creating quite a stir across the U.S. as we reported in last week’s issue of Captivating Thinking. The Wall Street Journal (WSJ) reported on the suit as an example of businesses resisting Administrative State overreach.
Somebody Has To Do It – Wall Street Journal Cites CIC Services For Standing Up To The Administrative State
We at CIC Services have always considered ourselves to be champions of small and middle-market businesses. And for that reason, we have been working since 2005 to help small and middle-market companies protect and insure the businesses they have built by owning their own insurance companies.
CIC Services launched our Bundled Captive Insurance Program in early 2019, and it is helping successful mid-market companies with good loss control in place to reduce their net commercial insurance spend by up to 50%. But we have also noticed another interesting phenomenon. Enterprising brokers are using the Bundled Captive Insurance Program as a door […]
In his hit song, “The Gambler,” Kenny Rogers famously penned, “you’ve got to know when to hold ‘em and know when to fold ’em.” Small captive owners under audit appear to be facing a similar choice.
It seems the only thing more certain than death and taxes is the steady increase of health insurance costs. Can stampeding health insurance costs be contained?
On August 28, 2019 the Sixth Circuit denied our petition for en banc review by two votes with 9 judges voting against us and 7 voting for us.