CIC Services recently filed a lawsuit in the Circuit Court for Knox County, Tennessee against a former client, SRM Group, Inc., it’s owner, Suresh Prabhu, and two related captive insurance companies formerly managed by CIC Services. The lawsuit alleges breach of contract and fraud and seeks both compensatory and punitive damages.
Texas resident LeAnn Cyr has filed complaints against attorney, captive insurance pundit and
Forbes.com contributor Jay Adkisson with the State Bar of Texas Chief Disciplinary Counsel, Office of the General Counsel of the Oklahoma Bar Association, State Bar of Nevada, State Bar of California and State Bar of Arizona.
Last week CIC Services, a Knoxville, Tennessee based captive insurance company manager, petitioned the Supreme Court of the United States to hear its lawsuit against the IRS regarding IRS Notice 2016-66.
During the last two years, CIC Services has experienced growth fueled by the Bundled Program, Warranty Programs and Traditional Captive programs. With this continued momentum, we are very pleased to announce that Alexis Psihogios, MBA, CIC has joined CIC Services as In-House Underwriter.