Topa Insurance News

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AM Best Places Credit Ratings of Topa in California Under Review

Jul 6 2026 // AM Best placed under review the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Topa Insurance Company in Calabasas, California. The review includes...

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...