Palomar
Highly Engaged Employees
Highly Engaged EmployeesInsurance · California, United States · 201-500 Employees
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Overview
Headquarters
7979 Ivanhoe Ave Ste 500, La Jolla, Cali...Phone Number
(619) 567-5290Website
www.plmr.comRevenue
$980.3 MillionStock Symbol
PLMRIndustry
ZI Rank: 5
Signal Type
Dec
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ZI Rank
7
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5
About Palomar
Founded in 2013 and headquartered in La Jolla, California, Palomar is a leading Insurance company that specializes in coverage for earthquakes, hurricanes, floods and other perils.Explore more
Palomar Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
$1.8B
1K - 5K
Public
-
2015
Erik LisherPartner and Global Chief Operating Officer, Restructuring and Special Situations Group
Company Profile Activity
Activity Insights
Palomar is experiencing very low activity levels compared to other companies in the Insurance sector.
What does this means?
Palomar is drawing exceptional interest within the Insurance industry, suggesting notable developments or strong market momentum, learn more about Palomar.
Palomar Tech Stack
A closer look at the technologies used by Palomar
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Most Recent Scoops
Hiring Plans
Palomar has more open roles in Legal than it has had at any time in the past 12 months. Technologies mentioned include: Remote.
Hiring Plans
Earnings
Palomar has reported net investment income of $18 million for Q1 2026, an increase of 49% compared to $12.1 million in Q1 2025, driven by higher yields on invested assets and a higher average balance of investments. The investment yield for Q1 was 4.9%, compared to 4.6% in Q1 2025, with cash and invested assets totaling approximately $1.6 billion at quarter end.
Earnings, Finance, Financial Operations
Earnings
Palomar has provided full-year 2026 financial guidance, expecting the net earned premium ratio to increase into the upper 40s from 44.9% in 2025, the loss ratio including catastrophes to be in the mid- to upper 30s, and the adjusted combined ratio to be in the mid-70s. The company also expects slight improvements in both the gross earned premium acquisition expense ratio and the adjusted other underwriting expense ratio compared to full-year 2025 levels.
Earnings, Financial Planning, Finance, Financial Strategy
Earnings
Palomar has repurchased 190,255 shares at a cost of $23.1 million during Q1 2026, and the board of directors has authorized a new two-year, $200 million share repurchase program effective May 6, 2026, replacing the previous plan. Through May 5, 2026, the company had repurchased an additional 38,875 shares at a cost of $4.2 million under the prior program.
Spending/Investment, Board of Directors
Project
Business Intelligence, Analytics & Insights, Automation, Artificial Intelligence, Operations
Palomar News & Media
Palomar Holdings, Inc. Appoints Scott Beiser to its Board of Directors
LA JOLLA, Calif., May 26, 2026 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the "Company") today announced that Scott Beiser has been appointed to the Company's Board of Directors, effective May 21, 2026.Why Palomar Holdings (PLMR) Stock Is Falling Today
Shares of specialty insurance provider Palomar Holdings (NASDAQ:PLMR) fell 4.2% in the morning session after Jefferies lowered its price target on the stock to $156 from $163, citing moderated projections for underwriting income.Palomar Holdings, Inc. Reports First Quarter 2026 Results
LA JOLLA, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $42.9 million, or $1.57 per diluted share, for the first quarter of 2026 compared to net income of $42.9 million, or $1.57 per diluted share, for the first quarter of 2025. Adjusted net income(1) was $63.1 million, or $2.31 per diluted share, for the first quarter of 2026 as compared to $51.3 million, or $1.87Palomar Holdings, Inc. Announces First Quarter 2026 Financial Results Release Date and Conference Call
LA JOLLA, Calif., April 29, 2026 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its first quarter 2026 results after the market close on Wednesday, May 6, 2026, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Thursday, May 7, 2026.
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Founded in 2013 and headquartered in La Jolla, California, Palomar is a leading Insurance company that specializes in coverage for earthquakes, hurricanes, floods and other perils.... Read More
