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

  • 26 Aug

    When fraud is suspected

    Before taking any steps to help a client that may have suffered a fraud or misappropriation of assets, ask yourself the following questions:

    • Do I possess the requisite professional competence?
    • Do I have the necessary experience/qualifications?
    • Will my assistance i... read more

  • 27 Jul

    When to Use Mediation and Arbitration

    Mediation for all disputes

    Claims experience has shown that mediation has a high success rate when used as a first step to resolve all disputes, regardless of the engagement. CAMICO therefore recommends mediation for all disputes and engagements, except when the anticipated cost of... read more

  • 18 Jun

    AICPA Benevolent Fund

    As a CPA, you are a member of a growing, vibrant professional community that has afforded you great opportunities. As you plan your future, you may be considering ways in which you can help safeguard your community during times of struggle.

    ... read more

  • 18 Jun

    CAMICO War Stories #111-A and #111-B

    #111-A: Tax Return Preparation, Hacker Attack — When a hacker penetrated the CPA firm’s computer network, the firm’s cyber coverage responded with an investigation and comprehensive services.

    #111-B: Business Management Services, Email Fraud — The client... read more