Loss Prevention Tips for Tax Season

CAMICO has been developing solutions for CPA professional liability problems for more than 31 years, and tax season has always been a major part of that activity. The use of engagement letters for non-audit work, including tax engagements, was pioneered by CAMICO as an effective way to help document the CPA’s understanding with the client.

How CAMICO’s Claims Experience Works for You

The CAMICO Claims philosophy goes back to the company's founding principles: help CPAs proactively address the costly risk management problems they face, and encourage policyholders to report problems early, before they become big problems.

The conventional insurance company approach is to discourage policyholders from reporting problems by providing premium credits for "claims-free status," thereby encouraging policyholders to handle potential claims on their own – a dangerous practice with potentially disastrous financial and reputational consequences for a CPA firm.

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Latest Articles

  • 21 Jan

    Hiram and Mylo Are Back

    Those of you who were with CAMICO from 2002 through 2006 might recognize two old friends of the company, Hiram and Mylo. Hiram is the wise owl who is constantly trying to school Mylo, the ostrich who tends to stick his head in the sand when confronted with issues concerning best practices.... read more

  • 21 Jan

    Loss Prevention and Claims Pandemic-Related Trends

    CAMICO's Loss Prevention and Claims departments work with CPA policyholder firms every day on difficult risk management issues. The following Q&A highlights recent COVID-related trends that policyholders have discussed with our specialists.

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  • 21 Jan

    Introducing Live Chat on www.camico.com

    CAMICO is pleased to announce its new Live Chat feature on the company's public website, www.camico.com. Policyholders and prospective policyholders can now enjoy the benefit of CAMICO's superb customer service online via Live Chat.

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