Topa Insurance Company's predecessor, Universal Security Insurance Company, received its Charter in the State of California on March 23, 1981. The Company was originally owned by Sperry and Hutchinson (S&H Green Stamps) and subsequently was merged into Baldwin United Corporation. On December 31, 1984, the Company was acquired by John E. Anderson and it became part of his billion dollar Topa Equities Ltd. business. The name was changed to TOPA INSURANCE COMPANY.

Topa Equities Ltd. is a privately held, diversified, conglomerate with business interests in automobile dealerships, beer & beverage distribution, real estate, property management, consumer finance and insurance with extensive operations in California, Nevada, Hawaii and the U.S. Virgin Islands.

The insurance operations are conducted under the Topa Insurance Group umbrella and are headquarted in the TOPA building in Century City, Los Angeles, California.