Potential Legal and Regulatory Risks Regarding Small Business Eligibility for Paycheck Protection Program (“PPP”) Loans

President Trump signed the Paycheck Protection Program and Health Care Enhancement Act (“Enhancement Act”) on Friday, April 24th. This legislation infuses $310 billion into the Paycheck Protection Program (“PPP”) with more than $250 billion in unrestricted funds for the program and an additional $60 billion allocated specifically for smaller lending institutions.

CAMICO Receives Exclusive Sponsorship from Alaska Society of CPAs

CAMICO, the nation's largest CPA-owned and directed program of insurance and risk management for the accounting profession, has received the exclusive sponsorship from the Alaska Society of CPAs (AKCPA) as the preferred provider of professional liability insurance and employment practices liability insurance for AKCPA members.

Created by CPAs to protect CPAs, CAMICO provides insurance products and comprehensive risk and claims management services to help CPA firms avoid and minimize losses on a proactive basis.

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Latest Articles

  • 26 May

    Advise and Warn Clients of Embezzlement Risks

    By Ron Klein, J.D.

    The classic small-business embezzlement scenario has occurred so many times over the years that CAMICO Loss Prevention specialists have it memorized:

    The client is a small business owner who is too busy running the business to supervise ... read more

  • 20 May

    Cyber-Security for Working Remotely

    CAMICO's recent cyber claims experience shows that the cyber-security of employees working remotely has not been as effective generally as cyber-security in an onsite office location. The lower security is being exploited by hackers, many of whom are increasing their ransomware demands. <... read more

  • 18 May

    PPP Update / Returning to the Office —The 'New Normal'

    CAMICO continues to monitor the information and guidance on COVID-19 relief measures being put into place by regulatory and legislative bodies to combat the detrimental impacts of this pandemic on people, as well as on the economy.

    Paycheck Protection Program ("PPP") —... read more