16
May
CPA firms are often uncertain about whether or how to respond to a subpoena, as they also need to comply with a number of rules and regulations that are intended to protect client confidentiality. The following Q&A focuses on understanding the nature of subpoenas and how CPA firms can minimize their professional liability exposures when responding to them.
14
May
Industry News: Factbox: DarkSide hackers in focus after Toshiba attack
Factbox: DarkSide hackers in focus after Toshiba attack
A unit of Japan's Toshiba Corp (6502.T) said on Friday it had been hacked in Europe by the DarkSide ransomware group widely believed to have been behind a crippling fuel pipeline attack in the United States this week. read more
WHO ARE DARKSIDE?
04
May
CAMICO posts gain in policyholders’ surplus
SAN MATEO, CA (May 3, 2021) – 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 $45 million for the year ended December 31, 2020, up from $43.5 million posted for 2019.
CAMICO's policyholder retention rate for 2020 was 94 percent, consistent with the company's historical retention rate, and CAMICO continues to maintain key financial ratios at historically high levels.
CAMICO's policyholder retention rate for 2020 was 94 percent, consistent with the company's historical retention rate, and CAMICO continues to maintain key financial ratios at historically high levels.