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Looking to read about ways we are serving the business community through the innovative use of captive insurance companies? If CIC Services is in the news, you’ll be able to read it here. Check out where we’ve made the most recent headlines below.
The Internal Revenue Service (IRS) has decided that it benefits from blurring the lines between good and bad rather than clarifying them, according to Sean King of CIC Services in reaction to the new IRS settlement scheme for micro captives.
S&P Global reports on how Knox Re, a captive program that allows insureds to keep premiums they do not use to cover claims, is intended for all classes of business.
Intelligent Insurer reports on CIC Services launching a new reinsurance pool for property and casualty (P&C) coverages.
Reinsurance News reports on CIC Services establishing Knox Reinsurance Company Inc. (Knox Re), a new reinsurance pool for property and casualty (P&C) coverages.