Topic: Simplifi

Legal bills have reached more than $250,000 in dueling lawsuits in the United States between the Cayman Islands National Insurance Company and Simplifi, which administered payments for the insurer. Simplifi sued CINICO in an Ohio federal court in July 2013, accusing CINICO of canceling a contract without notice and owing Simplifi more than $150,000.

Three years after a U.S.-based management firm sued the Cayman Islands National Insurance Company, CINICO continues to fight the case in the U.S. federal court.