Latest Topa Insurance Headlines
All the headlines from our Topa Insurance Topic Page, ordered by recency.
Cannasure Quickly Moving New and Renewal Business from Topa in California
Mar 20 2023 // It appears one of the nation’s better known cannabis insurance specialists is having to do some scrambling after AM Best announced it was downgrading the credit ratings of Topa Insurance Co. in Calabasas, California,...
AM Best Downgrades Credit Ratings of Topa in California
Mar 20 2023 // AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bbb+ (Good) from “a-” (Excellent) of Topa Insurance Co. in Calabasas,...
Granada Financial Agrees to Acquire Controlling Interest in Topa Insurance Group
Feb 9 2023 // Granada Financial Group said it has entered into a definitive agreement to acquire the controlling interest in Topa Insurance Group from long-time owner, Anderson Holdings. The transaction is subject to customary closing...
California Department of Insurance Alleges Mishandled Claims by App-Based Auto Insurance Seller and Topa
Jun 28 2022 // The California Department of Insurance is taking legal action against Go Maps Inc., and its insurance underwriter, Topa Insurance Co., after an investigation found the app-based insurance seller mishandled consumer claims...
Why Topa Made the Leap to Permanent Remote Work
Apr 18 2022 // Like most insurance businesses, Topa Insurance Co. (TIC) shifted to a remote workforce out of necessity in March 2020. With continued success in this new work environment, TIC quickly decided to make the remote workforce...
People Moves: Topa in California Names Lay Director of Programs; Newfront Adds Pierce
Nov 15 2021 // Lay will be responsible for managing Topa Insurance’s program partners and overseeing the program business profitability. Lay has experience in project management, new product development, product enhancement,...
AM Best Revises Outlook to Stable for Topa in California
May 21 2021 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Topa Insurance Co. in...
People Moves: Topa in California Names Torio Director of Tech, Resilience Names Reed EVP
Apr 28 2021 // Topa Insurance Co. has named Paul Torio director of technology. Torio is responsible for developing and delivering solutions across Topa’s technology infrastructure in support of business goals. He has worked at Topa...
Topa Insurance in California Names Kim Controller
Jan 28 2021 // Calabasas, Calif.-based Topa Insurance Co. has promoted Jamie Kim to controller and vice president of accounting. Kim will be responsible for representing the company and the finance department on strategic projects,...
Topa Insurance Group in California Names Eyre to Board
Dec 18 2020 // Calabasas, Calif.-based Topa Insurance Group has named William Eyre to the board of directors. Eyre has more than 40 years of experience in the reinsurance industry, both in executive positions and sales. Eyre is currently...
Topa Insurance in California Names Pavone Vice President of Underwriting
Nov 17 2020 // Calabasas, Calif.-based Topa Insurance Group has promoted Susan Pavone to vice president of underwriting. Pavone will oversee the commercial underwriting of Topa Insurance Co. and be responsible for setting underwriting...
Home Insurtech MGA Hippo, Topa Insurance End Their 3-Year Partnership
Sep 23 2020 // Property/casualty insurer Topa Insurance Co. and Hippo Enterprises, a technology-driven managing general agency offering homeowners insurance, announced their mutual decision to end their three-year partnership. The move...
Topa in California Names Tillinghast Vice President & Chief Information Officer
Sep 2 2020 // Calabasas, Calif.-based Topa Insurance Group has named Tracy Tillinghast vice president and chief information officer. Tillinghast will be responsible for driving the company’s technology strategy and leading the IT...
People & Places
Jul 6 2020 // National Alexander Wells Zurich North America has appointed Alexander Wells as U.S. head of Middle Market. He will be responsible for the strategic management and development of Zurich’s Middle Market...
Topa Insurance in California Names Chang Vice President
Jun 12 2020 // Topa Insurance Co. in Calabasas, Calif., has named Olive Chang vice president of reinsurance. Chang has oversight of reinsurance placements for all Topa Insurance Group entities. She is also responsible for strategic...
Business Moves
Jun 1 2020 // National Altamont Capital, Topa Insurance The deal for Altamont Capital Partners to acquire Topa Insurance Group has been called off. Last August, Altamont Capital Partners signed an agreement to acquire Calabasas,...
Altamont Capital Deal to Acquire Topa Insurance Called Off
May 20 2020 // The deal for Altamont Capital Partners to acquire Topa Insurance Group has been called off. Last August, Altamont Capital Partners signed an agreement to acquire Calabasas, Calif.-based Topa Insurance Group from its...
Topa in California Names Day Permanent President and CEO
May 6 2020 // Calabasas, Calif.-based Topa Insurance Group has named Michael Day president and CEO on a permanent basis. Day has been leading Topa Insurance Group on an interim basis since stepping in for the departing John Donahue, who...
Topa in California Names Stern Director of Claims Auditing and Compliance
Mar 6 2020 // Calabasas, Calif.-based Topa Insurance Co. has named Kari Stern director of claims auditing and compliance. Stern is responsible for department-wide legal and regulatory compliance, and manages the internal and external...
People & Places
Feb 24 2020 // National The Hanover Insurance Group has appointed Matthew S. Mitchell as president of its middle market business. He has been with The Hanover for more than 13 years. He was named chief strategy officer in 2018 and...
