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“Hope for the best, plan for the worst” — a very sound risk management approach. When it comes to your client being exposed to cryptoasset risk “plan for the worst” is necessary. No one at CAMICO, or anywhere else, knows whether cryptoassets will suffer a crash in value. What we at CAMICO do know is … Read more

Arthur J. (Kip) Dellinger, Jr., CPA It is not news to CPAs and their firms that the profession began undergoing an enormous consolidation a few years ago, which is expected to accelerate over the next several years. This is a result of many factors — retirement planning, monetizing of client values, staggering advances in technology, … Read more

There appears to be a new cybersecurity story in the news every day, from attacks on major infrastructure to small companies being held for ransom. Therefore, it should be no surprise to anyone that CAMICO is also seeing an uptick in the number of cyber-related claims impacting CPA firms and unfortunately, the severity of these … Read more

*Previously known as War Stories Topic: Phishing, Social Engineering Scheme Services: Auditing Steve Ryckman, managing partner of Ryckman-Harris & Associates, is alerted one day after receiving a call from a firm employee who asked if he requested to share a file with her (via email) from a file hosting service. Because he hadn’t, the firm’s … Read more

Details Released in 2021 Operations Report SAN MATEO, Calif.- CAMICO, the nation’s largest CPA-owned and directed program of insurance and risk management for the accounting profession, posted total policyholders’ surplus of more than $46 million and gross written premium of more than $65 million for the year ended December 31, 2021. CAMICO has continued to … Read more