Topa Insurance Co. News

Home Insurtech MGA Hippo, Topa Insurance End Their 3-Year Partnership

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 comes after Hippo’s acquisition of Spinnaker Insurance Co., a national insurer licensed in …

Topa Insurance in California Names Chang Vice President

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 planning, terms negotiation, contract review and execution of …

Topa in California Names Stern Director of Claims Auditing and Compliance

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 claims and compliance audits. She has more than 30 years …

Topa Insurance in California Names Rozema Director of Programs

Calabasas, Calif.-based Topa Insurance Co. has named Ben Rozema director of programs. Rozema Responsible for the P&L of all program business as well as the relationships with all program partners and direct oversight of enterprise risk management. Rozema joined Topa …

Topa in California Names Yates Assistant Vice President of Claims

Topa Insurance Co. has named Kelly Yates assistant vice president of claims. Yates will be located in Topa’s Calabasas, Calif. office. Yates has oversight of Topa’s property and commercial auto business and its special investigations unit. He has more than …

Early Cannabis Insurance Claims Experience Differs from Expectations

It’s still early, but claims experience thus far in the cannabis insurance market is encouraging, according to one leading writer. “So far, we’re optimistic that we’re going to see that our experience is going to be better than our other …

Topa in California Names Griffard Director of Financial Planning And Analysis

Topa Insurance Co. in Calabasas, Calif., has named Geoffrey Griffard director of financial planning and analysis. He has more than 10 years of experience in financial planning, including serving as a manager of financial planning and analysis at Mercury Insurance. …

Insurers Remain Cautious About Marijuana Insurance Market

The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks in play that could limit wider carrier participation, A.M. Best said in a new report. One of the key barriers …

Assured Risk Cover Expands StormPeace Parametric Insurance to Florida Businesses

Assured Risk Cover, a provider of parametric hurricane insurance, launched a commercial insurance policy for small businesses in Florida under the StormPeace name. The policy contains all the features of the StormPeace residential policy, plus business interruption coverage with or …

ARC, FAIA to Offer Parametric StormPeace Coverage to Florida Member Agents

The Florida Association of Insurance Agents (FAIA) and Assured Risk Cover (ARC) have formed an agreement that grants FAIA member agents access to the StormPeace parametric insurance product that pays out-of-pocket expenses not covered by homeowners insurance. StormPeace automatically pays …