CIC Services Sues Former Client
Insurance Business America covers the recent lawsuit filed by CIC Services against a former client, SRM Group, its owner, Suresh Prabhu, and two related captive insurance companies formerly managed by CIC Services.
The lawsuit, filed in Tennessee, alleges breach of contract and fraud. It comes after a year of arbitration between the parties, in which every claim against CIC Services was dismissed by the arbitrator.
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