CIC Services, a Knoxville-based firm that helps small and mid-sized businesses form and manage captive insurance companies, has filed a second lawsuit against the Internal Revenue Service (IRS), challenging what it describes as a continued campaign of regulatory overreach that harms legitimate business owners. The complaint, filed in the U.S. District Court for the Eastern […]

On January 14, just days before the end of the Biden Administration, the US Treasury continued its multi-decade-long attacks on Congressionally-authorized captive insurance arrangements by issuing a new final regulation relating to 831(b) small captive insurance companies: https://public-inspection.federalregister.gov/2025-00393.pdf. Unfortunately, the new rule very much resembles the originally proposed rule that received overwhelmingly negative feedback from […]

Listen to CIC Services’s own Randy Sadler as he discusses how captive insurance can increase your profits with the Profit Coach 4 You podcast host. In the episode, you will hear how captive insurance can reduce insurance costs and generate profit for your business. Click play on the video below, or click here to read the […]

The Strategic Advantage of Captive Insurance in Today’s Chaotic Environment In the current chaotic landscape, business owners face unprecedented challenges that demand innovative solutions. Recent global events have underscored the necessity for stability and adaptability, making captive insurance a compelling option for many organizations.

The Supreme Court of the United States (SCOTUS) recently issued a very important ruling overturning the Chevron Doctrine. This ruling reins in the out-of-control administrative state and restores Constitutional balance between the Executive and Judicial branches of government. To understand why this is so, a little background is necessary: With limited exception, our Constitution gives […]

CIC Services, LLC is proud to announce that Shoshanna Simmons, director of risk and underwriting, has been selected as one of Captive International’s 40 Under 40. This prestigious recognition celebrates the brightest young talents in the captive insurance industry, highlighting individuals poised to become the next generation of global leaders in the sector. Shoshanna’s selection […]

Sean King, the Founding Principal of CIC Services, has recently been recognized as #41 in the Captive Review’s “Power 50 2024” list, a compilation of the most influential professionals in the captive insurance industry. This recognition is particularly noteworthy given the typical focus of this list on leaders of businesses serving large captives or those […]

The recent article published by Captive Review, “Power 50 2024,” announces that CIC Services Founding Principal Sean King has been named #41 in the Power 50 2024 of the most influential professionals working in the captive insurance industry today. Read the full announcement here

The recent article published by The TJB American Business Magazine, “Considering a Captive Insurance Company for Your Business? What to Ask Your Insurance Agent or Broker,” by Shoshanna Simmons, Director of Risk and Underwriting at CIC Services, highlights that in today’s dynamic business environment, executives are turning to innovative solutions like captive insurance models to […]