August 9, 2024
La Jolla, California-based Palomar Holdings, Inc. reports it is buying First Indemnity of America Insurance Co. (FIA), a Morris Plains, New Jersey domiciled insurance carrier specializing in surety bonds for small to medium sized contractors primarily in the Northeast states. …
July 1, 2021
Palomar Holdings Inc. announced a new partnership with PURE Programs to offer owners of high value homes undergoing complex construction projects a new specialized excess and surplus (E&S) lines insurance and risk management program. The program is designed for luxury …
April 5, 2021
La Jolla, Calif.-based Palomar Holdings Inc. announced that through its wholly-owned subsidiaries, Palomar Specialty Insurance Co. and Palomar Excess and Surplus Insurance Co., the company has successfully closed a $400 million 144A catastrophe bond completed through Torrey Pines Re Pte. …
January 14, 2021
La Jolla, Calif.-based Palomar Holdings Inc. has named Mark Brose chief technology officer. Brose will report to his predecessor, Chief Operating Officer Britt Morries, who assumed that role on Sept. 1, 2020. Brose most recently was vice president of engineering …
January 8, 2021
La Jolla, Calif.-based Palomar Holdings Inc. has named Michelle Johnson chief talent and diversity officer. Johnson was previously senior vice president of people and talent, having served in this role since joining the company in 2019. Johnson previously spent 20 …
December 3, 2020
La Jolla, Calif.-based Palomar Holdings Inc. has named Angela Grant chief legal officer. Grant will oversee all in-house and corporate counsel duties and will play a prominent role in regulatory, compliance and strategic matters. She has more than 30 years …
November 10, 2020
Palomar Specialty Insurance Co. has agreed to acquire the renewal rights to GeoVera’s Holding’s Hawaii residential hurricane policies. The transaction is expected to further deepen Palomar’s presence in Hawaii, a market that the company has served since 2015. Through an …
June 24, 2020
La Jolla, Calif.-based Palomar Holdings Inc. announced the underwritten public offering of 1 million shares of the company’s common stock, par value $0.0001 per share, to fund growth. Palomar Holdings Inc. also announced it has formed Palomar Excess and Surplus …
June 24, 2020
Palomar Holdings Inc. has formed Palomar Excess and Surplus Insurance Co. Palomar Holdings Inc. announced the underwritten public offering of 1 million shares of the company’s common stock PESIC has received all necessary regulatory approvals to operate as an excess …
June 15, 2020
Genstar Capital announced on Monday it has exited its remaining stake in specialty property insurer Palomar Holdings Inc. in La Jolla, Calif. Genstar in 2014 partnered with current CEO Mac Armstrong to form Palomar, a new specialty insurance platform company …