Thomas Consulting Group
Huff Thomas Company was a contract regulatory insurance examination firm co-owned by Robert E. Huff and Cecil Thomas until its shutdown in 2013, following allegations of corruption involving bribes and kickbacks to state insurance regulators. The company faced legal challenges that led to its bankruptcy filing, with the owners attempting to destroy business records to evade prosecution.
After the closure of Huff Thomas, Cecil Thomas and his son Brandon established the Thomas Consulting Group, which operated from their home in Irmo, South Carolina, selling questionable financial examination reports. Meanwhile, Neeraj Gupta, the former president of Huff Thomas, was hired by a consulting firm, raising concerns about the integrity and qualifications of those conducting regulatory financial examinations in the insurance industry.
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