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.