First- and Third-Party Cyber Coverage from CAMICO

First-Party Coverage*

CAMICO Mutual Insurance (CMI): CyberCPASM, Endorsement PL-1045-A, adds four first-party cyber coverages; $50,000 and $100,000 limits options; optional endorsement.

  1. Breach Response Costs
    • Notification Expenses: legal expenses, computer forensic and investigation fees, public relations expenses, postage expenses, advertising expenses.

CPA Mobility Issues and How CAMICO Helps

CPA mobility, or interstate practice, allows licensed CPAs to practice across state and jurisdictional lines as long as the CPAs are in good standing in their principal jurisdiction and meet “substantial equivalency” criteria. The website www.CPAmobility.org is a useful resource maintained by the National Association of State Boards of Accountancy (NASBA) and developed by NASBA and the American Institute of CPAs (AICPA).

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Latest Articles

  • 15 Jun

    How to respond to subpoenas

    CPAs in receipt of a subpoena should consider the information in the client files, the recent communications with the client or any parties involved, and then contact their professional liability risk adviser or attorney before responding to the subpoena. CAMICO provides this consultation ... read more

  • 06 May

    Six Risk Management Mistakes CPA Firms Make

    Managing CPA liability risk exposures is a complex process, and it's easy to underestimate the potential for risk along the way. The following six mistakes can be avoided by being aware and taking the right steps.

    1. Not discussing questions about the insurance application... read more

  • 23 Apr

    Top 5 Ways a CPA Can Invite a Malpractice Lawsuit

    After more than 31 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. There are basic risk management steps t... read more

  • 15 Mar

    Tax Tip – Documenting Advice and Decisions

    All significant client meetings should be documented with a written description of the subjects discussed at the meeting. This will help ensure that both you and the client are proceeding with the same expectations and assumptions.

      ... read more