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.

Pages

Latest Articles

  • 13 Jan

    Top 5 Ways a CPA Can Invite a Malpractice Lawsuit

    With our more than 35 years of malpractice claims experience, CAMICO has developed a wealth of information about what causes disputes between CPAs and their clients, what leads to litigation, and how to avoid or minimize the damages from such conflicts. The following five pitfalls are espe... read more

  • 10 Jan

    Ric Rosario Named in Top 100 People in Accounting

    CAMICO President and CEO Ric Rosario, CPA, was recently named one of Accounting Today's "Top 100 Most Influential People in Accounting: The thought leaders and change-makers who are shaping the profession." Here is the entry for Rosario in the Top 100 list:

    read more

  • 07 Jan

    War Story 120-A

    Topic: Fraud, PPP loan

    Services: Tax return preparation, financial st... read more

  • 07 Jan

    War Story 120-B

    Topic: Fraudulent PPP loans

    Services: Tax return preparation
    read more