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Pico Holdings Incorporated - Company Profile Snapshot

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Company Profile: Pico Holdings Incorporated
Ticker: PICO
Exchanges: NAS
2008 Sales: 81,552,000
Major Industry: Financial
Sub Industry: Land And Real Estate
Country: UNITED STATES
Employees: 64

Business Description
Pico Holdings Incorporated. The Group's principal activities are to own and develop land and water rights. It is a diversified company with four major operating segments: Water Resource and Water Storage Operations segment develop new sources of water for municipal and industrial use, either from existing supplies of water, such as water used for agricultural purposes. Real Estate segment operations are primarily conducted through Nevada Land and UCP. Insurance Operations segment consists of Physicians Insurance Company of Ohio and Citation Insurance Company and Corporate segment consists of cash, majority interests in small businesses and other parent company assets and liabilities. The Group purchases and stores water for resale in dry years. It also acquires businesses that are undervalued and have the potential to provide a superior rate of return over time. The Group has operations and investments both in the United States of America and in other foreign countries.

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