Our Approach

Our Approach

Insurance alone is not a solution for reducing risks. That is why, at CAMICO, our commitment to the CPA profession goes beyond just providing CPA insurance options.

Member firms with Professional Liability Insurance have unlimited access to CAMICO's proven advisory services that have helped numerous CPAs build thriving firms and avoid damaging claims.

CAMICO’s risk management services and education programs are provided at no additional cost and enable CPAs to stay current on the latest issues and trends impacting the accounting profession. Our experience and claims data indicate that the more familiar CPAs become with risk management techniques, the better equipped they are to avert a liability claim.

Our Story

The CAMICO Story

In the early 1980s, CPAs were faced with a mounting professional liability insurance crisis. The major insurance carriers found themselves with insufficient funds to cover their claims and most companies discontinued their insurance coverage or imposed huge premium increases to cover cash shortfalls.

In response to the crisis, the California Society of Certified Public Accountants convened a task force to study the situation. The task force recommended the creation of a mutual insurance company owned by and for CPAs, dedicated to assuring its members professional liability coverage at stable rates. The company would operate solely for the benefit of its members. Accordingly, any excess revenue, after claims payments and administration, would belong to its policyholders.

On June 24, 1986, CAMICO opened its doors for business with a staff of two full-time employees reporting to John A. Dodsworth, CPA, the president. Within a month, 1,250 policyholders were signed. As a mutual insurance company, directed by CPAs for CPAs, our commitment is solely to the CPA profession. The company has many staff members, especially the professionals handling hotline calls, who are CPAs themselves. CAMICO celebrated its 33rd Anniversary in 2019.

Meet the Team

Our leaders take a proactive approach to serving CAMICO's policyholders and providing engagement letter expertise for the CPA profession. CAMICO pioneered the use of engagement and disengagement letters for all scopes of service, and authors the CPA's Guide to Effective Engagement Letters.

Ric Rosario, CPA

President & CEO

Prior to becoming CEO, Rosario was executive vice president of risk management, with executive oversight of underwriting, claims, marketing and communications for the company.

Suzanne Holl, CPA

SVP of Loss Prevention Services

Holl draws on her Big Four public accounting and private industry background to provide CAMICO's policyholders with information on a wide variety of loss prevention and accounting issues.

Kenneth Wigboldy, CPCU

Vice President of Claims

Wigboldy is responsible for CAMICO claims operations and has more than 35 years of insurance industry experience.

Duncan B. Will, CPA

Loss Prevention Manager, Accounting & Auditing Specialist

Will leverages his more than 30 years of experience in accounting, including public accounting, forensic accounting, consulting, and audit and tax compliance.

Randy R. Werner, J.D., CPA

Loss Prevention Executive

Werner responds to CAMICO loss prevention hotline inquiries and speaks to CPA groups on various topics. She has Big Four public accounting experience in federal and state tax as well as regional accounting firm experience.

CPA’s Guide to Effective Engagement Letters

Get the latest edition by Ric Rosario, CPA, CGMA; Ron Klein, JD, CFE; and Suzanne M. Holl, CPA


25 percent discount on the book is available to non-CAMICO policyholders. Click here to receive the 25 percent discount.