Claims Handling Approach at CAMICO

Claims_Approach


CLAIMS HANDLING APPROACH

In spite of a CPA’s best intentions, there is always the potential for an error, omission, or client disappointment. CAMICO policyholders work directly with in-house claims specialists who have many years of experience in handling accountants’ professional liability insurance claims. CAMICO follows three basic steps when handling claims:

 
  1. PHILOSOPHY

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Latest Articles

  • 18 Feb

    Practice Continuation for Small Firms

    By Suzanne M. Holl, CPA

    No one likes to think about it, but as we age, some of us will become critically ill or injured, and some of us will experience a long-term disability. Family emergencies and obligations can also call CPAs away from their businesses for long pe... read more

  • 18 Feb

    Indemnification: Understanding Your Risks

    By Suzanne M. Holl, CPA

    CPA firms are experiencing an uptick in clients trying to embed indemnification and/or hold-harmless clauses in various agreements with the firms. Many of the clauses are inappropriate for CPA services or are overly broad, even to the point of... read more

  • 18 Feb

    Client Assessment Checklist

    By Suzanne M. Holl, CPA

    Any client, whether new or established, can become problematic for a variety of reasons. For example, a problem client may—

    • be unhappy with the results of an engagement, though there was nothing wrong with the services... read more