California CPA Society Insurance Company Grows | AccountingWEB

California CPA Society Insurance Company Grows

CAMICO, the professional liability insurance company owned and operated by the California Society of CPAs, will begin managing the liability insurance offered by DPIC as of January 1.

CAMICO is based in Redwood City, CA, and administers insurance products not only for members of the state society, but for other state societies as well. With the initial phase of the program, CAMICO will underwrite products, and deliver various other functions, while DPIC affiliates will continue to handle day-to-day handling of claims for agents and policyholders.

The announcement that DPIC and CAMICO would unite was first announced last August, and are doing so to increase market share for the extremely lucrative professional liability insurance business.

DPIC is based in Monterrey, CA, and is a member of the specialty division of Royal & SunAlliance USA.

Wait, there's more!
There's always more at AccountingWEB. We're an active community of financial professionals and journalists who strive to bring you valuable content every day. If you'd like, let us know your interests and we'll send you a few articles every week either in taxation, practice excellence, or just our most popular stories from that week. It's free to sign up and to be a part of our community.
Premium content is currently locked

Editor's Choice

WHAT KIND OF FIRM ARE YOU?
As part of our continued effort to provide valuable resources and insight to our subscribers, we're conducting this brief survey to learn more about your personal experiences in the accounting profession. We will be giving away five $50 Amazon gift cards, and a $250 Amazon gift card to one lucky participant.
This is strictly for internal use and data will not be sold
or shared with any third parties.