Company search
Company Details
PALOMAR SPECIALTY INSURANCE COMPANY License Status :
Active
NAIC Number :
20338
Phone Number:
6195675246
Company Address:
7979 Ivanhoe Avenue, Suite 500
La Jolla, CA 92037
Description:
Property and Casualty
License Number:
B419001
Date Admitted:
1966-12-15
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Property & Casualty | 0.04% | $6,892,079 | $7,957,662 | $19,542 | $-28,469 | -0.36 % |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.01% | $64,648 | $55,822 | $19,542 | $8,302 | 14.87 % |
| 2023 | Earthquake | 4.76% | $6,775,696 | $7,850,105 | $0 | $-36,771 | -0.47 % |
| 2023 | Federal Crop Insurance Corporation | 0.01% | $51,735 | $51,735 | $0 | $0 | 0.00 % |
| 2022 | Total Property & Casualty | 0.04% | $5,228,425 | $2,725,507 | $3,020 | $41,031 | 1.51 % |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.01% | $37,508 | $31,806 | $3,020 | $14,260 | 44.83 % |
| 2022 | Earthquake | 3.79% | $5,190,917 | $2,693,701 | $0 | $26,771 | 0.99 % |
| 2021 | Total Property & Casualty | 0.03% | $3,858,828 | $3,330,305 | $0 | $10,000 | 0.30 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.01% | $24,418 | $10,383 | $0 | $0 | 0.00 % |
| 2021 | Earthquake | 2.94% | $3,834,410 | $3,319,922 | $0 | $10,000 | 0.30 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
This company does not have any complaint information.
Link to Complaint Index PageCompany Changes
Effective Date: 07/31/2014
Comments: Effective 07/31/14 Northwestern Pacific Indemnity Company added B1 authority and changed its name to Palomar Specialty Insurance Company.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.