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Matches in DBpedia 2014 for { ?s ?p CAMICO is the United States's largest CPA-directed program of professional and employment practices liability insurance for the accounting profession. The program was founded in 1986 introducing a proactive way of approaching accountant's professional liability insurance that focuses on helping firms reduce their risk exposure.CAMICO Mutual Insurance Company was created by CPAs for CPAs and is owned by its policyholders. In a mutual, any monies remaining after payment of claims and operating costs belong to the policyholders. Since its inception, CAMICO has built a stable and financially sound company to fulfill the insurance needs of CPAs. CAMICO's net worth is made up of funds that are held in reserve (called "surplus") to meet regulatory requirements, to sustain a sound financial rating from agencies such as A.M. Best, and, most importantly, to cover claims made against policyholders.CAMICO offers professional liability protection for smaller firms with up to $2 million in limits with coverage through CAMICO Mutual Insurance CompanyCAMICO Insurance Services (CIS)CAMICO Services, Inc., d.b.a. CAMICO Insurance Services (CIS), is licensed as an insurance producer in all states in which CAMICO operates. CIS acts as CAMICO Mutual Insurance Company's insurance agency and wholly owned subsidiary, recommending a range of CPA business insurance products to members of the California Society of CPAs.In addition, CIS administers the CAMICO program for mid-to-large firms requiring limits of $3 million and above, with coverage provided by Liberty Insurance Underwriters Inc., a part of Liberty Mutual Group companies that are rated "A" (excellent) by A.M. Best.In 2012, CAMICO was nominated for the Novarica Research Council Impact Award. CAMICO’s nomination was based on the company’s Open Innovation Program, which leverages employee creativity and emerging technologies to create new capabilities and operational innovation. In its 2012 operations report, CAMICO reported a 2.1 percent increase in policyholder surplus for the year and recorded a net income of $1.1 million.. }

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