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Insurance Company of the West is founded by businessman, and now prominent philanthropist, Ernest Rady. Our first corporate logo reflects California's history from Cabrillo's first landing in San Diego to the state's official flag.
Workers' compensation becomes our newest line of business, which today is ICW Group's most prominent.
After a decade of financial strength and growth, the '70s ends with 100 employees and a new office in a commercial building named ICW Park.
ICW Arizona opens its doors. Our first entry outside of California.
Specialized risk management services launches to help customers prevent workplace injuries.
Bernard Feldman becomes President & CEO and continues to serve today as our Vice Chairman.
Surety line of business begins to expand. Offices open in Northern CA, TX and OR over the next few years.
Explorer Insurance Company launches for private passenger auto and for work comp small business.
Catastrophe line launches, which today is a leading commercial earthquake provider.
The decade ends by expanding our work comp business into Nevada.
Kevin Prior takes the helm as President and CEO and continues to lead us today. He first joined us in 1990 in the actuarial department and quickly rose the ranks.
San Diego's renowned Children's Hospital is officially named Rady's Children's Hospital, recognizing Ernest and Evelyn Rady's extraordinary success and generosity.
Operations continue to expand with the opening of our first mid-west office in IL.
Kick off partnership with Promises2Kids. Along with our Team Members, we've donated over $2M to Promises2Kids and other regional charities helping at-risk youth.
Proprietary technology launches that reviews 3,000+ data points to identify fraudulent work comp claims.
"Creating the best insurance experience possible" is adopted as our Mission and still guides us today.
Company hits the $1 billion mark in direct written premium!
As a top-tier national carrier, we now write work comp insurance in 21 primary states and are admitted in all 50 states.
Receive a Financial Strength rating of "A" (Excellent) from A.M. Best.
Establish Assumed Reinsurance as a core pillar of our business.
Surpasses 1,000 employees nationwide! ICW Group continues to grow, even during a global pandemic!
Our family's charitable commitment exceeds $600M. Evelyn and Ernest Rady's donations have benefited Rady's Children's Hospital, Rady School of Management at UC San Diego, the Salvation Army, and the San Diego Symphony's Rady Shell, which opened in 2021.
Make the Ward's 50 top performers list for the 7th consecutive year. We first made the list in 1992.
Proud to be celebrating 50 years of elevating our customers, communities, and each other.
Company growth continues achieving $2.5 billion in direct written and assumed premium
