The Loss Prevention Specialists at CAMICO consult with policyholders on a variety of topics, providing practice and risk management advice. In his video, Duncan B. Will, Loss Prevention Manager, shares an example of how CAMICO helps CPAs via our Advice Hotlines. One of the topics he mentions is fee collections – CAMICO frequently receives calls from CPAs seeking advice on this problematic area. Here are some practical tips on dealing with some of the issues.
SAN MATEO, CA - CAMICO, the nation's largest CPA-directed program of insurance and risk management for the accounting profession, has appointed Kenneth Wigboldy, CPCU, as Vice President of Claims. Wigboldy is responsible for CAMICO claims operations and has more than 30 years of insurance industry experience in various claims positions, most recently with The Hartford Financial Insurance Group, Inc., as regional vice president, general liability field claims, responsible for claims management in 29 states.
1. Suing your client for fees.
This is a guaranteed cross complaint for malpractice, and more importantly, your insurance policy might not cover a counter suit to your suit for fees. So think twice, and call your attorney or risk adviser for guidance.