The CIC Services Difference
- Comprehensive Business Risk Assessment
- Strategic Risk Management Plan
- Superior Structuring within a Captive
- Superior Asset Management Strategies
- Superior Exit Strategies
Discover the financial advantages of…
OWNING YOUR OWN INSURANCE COMPANY.
The Principals of CIC Services, LLC Have Over a Century of Experience in the Insurance Industry.
- Government Contractors
- Medical Practices
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- IT / Communications
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Weekly, clear-headed commentary on the captive industry.
By Sean G. King, JD, CPA, MAcc Principal & In-House Counsel, CIC Services, LLC Does a low claims history necessarily mean that future premium rates should be lowered? Last week, I began a series on identifying legitimate and sham captive insurance company arrangements. This series of articles is important because there is much misinformation and […] Continue reading
By Sean G. King, JD, CPA, MAcc Principal & In-House Counsel, CIC Services, LLC There is growing concern among regulators, the IRS, and captive insurance professionals that too many captive insurance companies, especially the small 831(b) variety, lack economic substance—that is, that they are shams constructed for the purpose of avoiding taxes rather than for […] Continue reading
The term “game changer” has often been used to describe people or entities that break from the established or expected norms. A “game changer” often defies existing paradigms or creates new paradigms. In sports, a “game changer” is often an athlete that is far superior to his or her contemporaries, is very versatile or seems […] Continue reading