Palomar Holdings (PLMR)

Earthquake insurance is a defining part of Palomar’s franchise and has historically represented a major source of premium for the company. The business serves homeowners, commercial property owners, and other insureds seeking protection against seismic risk, particularly in regions where earthquake coverage is not always included in standard property policies. Beyond earthquake products, Palomar offers niche property and casualty solutions that can address risks tied to equipment, construction, specialty commercial property, and other segments.

Palomar distributes its insurance products through a broad network rather than relying on a single sales channel. Retail agents, wholesale brokers, program administrators, and partnerships with other insurers all help the company reach customers across different markets. This distribution approach allows Palomar to combine specialized underwriting with third-party relationships that already have access to insureds. As a listed insurer, Palomar is typically viewed through the lens of premium growth, underwriting profitability, catastrophe exposure, reinsurance costs, and its ability to expand in specialty insurance lines without taking on excessive balance-sheet risk.