PICO

Pico Holdings, Inc.

A water resource developer born as a holding company, PICO Holdings spent decades acquiring and converting water rights in the arid U.S. Southwest, building wells and pipelines to supply developers and municipalities. Its name came from a 1996 reverse merger with Physicians Insurance Company of Ohio. In 2021 it renamed itself Vidler Water Resources, and in 2022 America's largest homebuilder bought it to secure water for its developments.