About PADIC
The Pacific Association of Domestic Insurance Companies (PADIC) is an organization of small to mid-sized California domestic property and casualty insurance companies. We work with regulators, legislators, consumers and policy holders to improve understanding of insurance issues, to keep costs and prices at reasonable levels, to promote a healthy and competitive agency-based insurance marketplace and to recognize the economic contributions made to California by domestic insurers.
Our members pride themselves on offering a wide variety of property and casualty insurance products that are competitively priced and sold exclusively through independent agents. Our members do not offer workers compensation insurance.
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Economic Impact Report
PADIC, along with other trade associations in California, is proud to be a sponsor of the latest Economic Impact Report. The report highlights the overall impact of the Insurance Industry on California's economy and communities. The report highlights not only insurance premiums and claims in California, but other important metrics including agents licensed in California, insurance company employment in California, premium taxes paid by insurers in California, and a breakdown of the more than $51 billion of insurers bond investments in the California economy.
