Claims Archives

Claim Chronicles 123-A

July 14, 2023July 7, 2023 by michelle

Topic: Cyber – Stopping a Cyberattack in Its Tracks CAMICO policyholder Henry Gould of Gould & Young, LLC, received a text from the firm’s third-party IT company, LHG Consulting, that there was an issue with the company’s network. Taken back by the alert, Gould immediately headed to the office where an LHG specialist showed him … Read more

Meet CAMICO’s New Vice President of Claims – Shannon Comer

March 30, 2023March 30, 2023 by Amber

Shannon Comer Shannon Comer was promoted to Vice President of Claims, effective March 31, 2023. In this role, Comer is responsible for the overall direction, coordination, and evaluation of the Claims department. Comer has been with CAMICO since July 2021, learning the unique nature of claims that arise from CAMICO’s CPA policyholders. She has been … Read more

Claim Chronicles 121-B

July 10, 2023May 11, 2022 by ssAdmin

Old-school phones connected to each other

Topic: Fraudulent Wire Transfers, Social Engineering SchemeServices: Bookkeeping and Bill Pay Worthingham Financial, an established accounting firm, has been providing bookkeeping and bill pay services to consumer finance business Smart Money Express. The process is consistent — Smart Money receives its invoices from its Chief Operating Officer Larry Tollefson. If the invoices are for more … Read more

31 Reasons CPAs are Sued

April 5, 2023April 5, 2017 by ssAdmin

CPAs who are sued are often in the wrong place at the wrong time with the wrong decision. These situations that landed CPAs in court are real—drawn from CAMICO’s claims files. 1) Trusting a client too much A long-time client asked her CPA to perform an audit for a new insurance company she’s invested in. … Read more

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