Topa Insurance Co. News

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 …

Topa Names Chang Assistant Vice President in California

Topa Insurance Co. has named Olive Chang assistant vice president of reinsurance and programs. Chang will be located in the Calabasas, Calif. office. She will manage reinsurance and programs operation, quality control of treaty and facultative reinsurance placement strategy, process …

ARC, Topa Insurance Launch Coverage for Post-Hurricane Losses in Florida

Topa Insurance Co. has formed an exclusive partnership with Assured Risk Cover (ARC) to launch StormPeace, an insurance product in Florida designed to protect insureds from economic loss incurred by a named hurricane and is available through a select network …

Topa in California Promotes Three People to Key Posts

Los Angeles, Calif.-based Topa Insurance Co. has promoted three people to key positions. Chuck Williamson has been promoted to assistant vice president and controller, Tina Epstein Abrams has been promoted to assistant vice president in commercial wholesale brokerage and Tyna …

Topa Insurance in California Names Abrams Team Leader

Los Angeles, Calif.-based Topa Insurance Co. has named Tina Epstein Abrams a commercial wholesale brokerage team leader. As team leader, Abrams leads the underwriting teams in property/casualty. Abrams has more than 30 years of experience, mainly in the excess and …

Rey Made Director of Topa’s Commercial Lines

Los Angeles, Calif.-based Topa Insurance Co. has made Robert Rey director of underwriting for its commercial property and casualty lines brokerage division. Rey has more than 35 years of commercial lines underwriting and management experience. Prior to Topa, he held …