Torrent Technologies, a flood insurance technology and servicing company and part of Marsh, has formed an agreement with Palomar Specialty Insurance Co. to provide Torrent’s Write-Your-Own (WYO) carrier clients and their agents new, admitted private flood insurance options. Under the …
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 …
La Jolla, Calif.-based Palomar Holdings Inc. this week announced the pricing of its initial public offering of its common stock at a price of $15 per share and in its first day of trading on Wednesday it had at one …
Prospect General Insurance Agency (Prospect General) has launched its admitted residential flood insurance product, Flood Guard, in Illinois. Written through Palomar Specialty Insurance Co., Flood Guard provides residential flood coverage as an alternative to the National Flood Insurance Program (NFIP). …
Palomar Specialty Insurance Co. has partnered with AAA Club Alliance to offer residential earthquake insurance, starting in Oklahoma. According to AAA Oklahoma Vice President of Insurance Russ Iden more than half of the group’s members who insure their home with …
Palomar Specialty Insurance Co. has launched Flood Guard, a private flood program in California that uses an advanced and granular proprietary rating system. Palomar used catastrophe modeling firm AIR Worldwide’s probabilistic flood model for the United States in its rate …
Palomar Specialty Insurance Co. has launched a new residential earthquake insurance product called Flex Choice for residents of Missouri. Flex Choice allows consumers to customize their residential earthquake coverage to meet their specific needs through a variety of coverage alternatives …
Prospect General, a newly formed program administrator in La Jolla, Calif., has launched its operations, a website, two products and is currently appointing insurance agents and brokers. President Ryan O’Connor formed Prospect General to be an advocate for insurance agents, …
Palomar Specialty Insurance Co., in partnership with Arrowhead General Insurance Agency, Inc. and TriCoast Insurance Services, LLC, has expanded its Value Select Residential Earthquake Insurance Program into Oregon and Washington. The program was introduced in California in early 2015. Value …
Palomar Specialty Insurance Co. has partnered with TriCoast Insurance Services, LLC to offer a residential windstorm-hurricane insurance product in Hawaii. The product is a stand-alone hurricane coverage that will be offered through local independent agents. Palomar’s stand-alone residential hurricane program …
