Palomar Specialty Insurance Co. News

Palomar Specialty in California Raises $17.5M in Surplus Capital

Palomar Specialty Insurance Co. announced that it has successfully completed a $17.5 million surplus note issuance in a private placement to RenaissanceRe Ventures Ltd. and funds under management by a premier asset manager. Proceeds from the transaction will be used …

Palomar Specialty, Civil Service Employees Insurance to Offer Earthquake Coverage

Palomar Specialty Insurance Co. has partnered with Civil Service Employees Insurance Co. to offer a comprehensive residential earthquake solution for CSE’s customers. Palomar Specialty’s residential earthquake product will be offered through an online platform that is accessed by CSE’s agents. …

California-Based Palomar Specialty Insurance Expands Into More States

La Jolla, Calif.-based Palomar Specialty Insurance Co., established in February 2014 as a specialty catastrophe insurer, announced it is now licensed to write residential and commercial insurance in 14 states. Palomar Specialty initially focused on writing residential earthquake insurance, commercial …