Company Details
Company Name:
PALOMAR SPECIALTY INSURANCE COMPANYLicense Status:
ActiveNAIC Number:
20338Company Address:
7979 Ivanhoe Avenue, Suite 500 La Jolla, CA 92037
Phone Number:
5032214240Mailing Address:
7979 Ivanhoe Avenue, Suite 500 La Jolla, CA 92037
Mailing Phone:
6195674542Description:
Property and Casualty (Ch 379, RSMo)License Number:
B419001Date Admitted:
1966-12-15Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Dividends Paid | Direct Losses Paid | Direct Losses Incurred | In Force | Loss Ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | Total Property & Casualty | 0.11% | $19,655,935 | $18,821,022 | $0 | $3,099,888 | $5,520,539 | $0 | 178.09% |
| 2025 | Federal Crop Insurance Corporation | 1.47% | $7,945,587 | $7,883,762 | $0 | $2,036,876 | $4,289,957 | $0 | 210.61% |
| 2025 | Growing Crops | 2.45% | $1,043,009 | $1,043,009 | $0 | $1,016,322 | $1,009,542 | $0 | 99.33% |
| 2025 | Inland Marine (Incl Auto Cargo) | 0.1% | $415,762 | $223,410 | $0 | $43,194 | $63,245 | $0 | 146.42% |
| 2025 | Earthquake | 6.85% | $9,915,824 | $9,459,962 | $0 | $0 | $0 | $0 | 0% |
| 2025 | Other Liability - Bodily Injury & Property Damage | 0.03% | $312,252 | $204,569 | $0 | $3,496 | $157,795 | $0 | 0% |
| 2025 | Surety | 0.01% | $23,501 | $6,310 | $0 | $0 | $0 | $0 | 0% |
| 2024 | Total Property & Casualty | 0.05% | $9,163,719 | $8,119,244 | $0 | $68,057 | $140,984 | $0 | 207.16% |
| 2024 | Federal Crop Insurance Corporation | 0.03% | $146,471 | $146,471 | $0 | $30,268 | $91,958 | $0 | 303.81% |
| 2024 | Growing Crops | 0.06% | $26,949 | $26,949 | $0 | $32,932 | $44,169 | $0 | 134.12% |
| 2024 | Inland Marine (Incl Auto Cargo) | 0.03% | $131,596 | $90,360 | $0 | $4,857 | $4,857 | $0 | 100% |
| 2024 | Earthquake | 6.04% | $8,778,381 | $7,804,244 | $0 | $0 | $0 | $0 | 0% |
| 2024 | Other Liability - Bodily Injury & Property Damage | 0.01% | $80,322 | $51,220 | $0 | $0 | $0 | $0 | 0% |
| 2023 | Total Property & Casualty | 0.04% | $6,892,079 | $7,957,662 | $0 | $19,542 | $-28,469 | $0 | -145.68% |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.01% | $64,648 | $55,822 | $0 | $19,542 | $8,302 | $0 | 42.48% |
| 2023 | Earthquake | 4.76% | $6,775,696 | $7,850,105 | $0 | $0 | $-36,771 | $0 | 0% |
| 2023 | Federal Crop Insurance Corporation | 0.01% | $51,735 | $51,735 | $0 | $0 | $0 | $0 | 0% |
| 2022 | Total Property & Casualty | 0.04% | $5,228,425 | $2,725,507 | $0 | $3,020 | $41,031 | $0 | 0% |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.01% | $37,508 | $31,806 | $0 | $3,020 | $14,260 | $0 | 472.19% |
| 2022 | Earthquake | 3.79% | $5,190,917 | $2,693,701 | $0 | $0 | $26,771 | $0 | 0% |
| 2021 | Total Property & Casualty | 0.03% | $3,858,828 | $3,330,305 | $0 | $0 | $10,000 | $0 | 0% |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.01% | $24,418 | $10,383 | $0 | $0 | $0 | $0 | 0% |
| 2021 | Earthquake | 2.94% | $3,834,410 | $3,319,922 | $0 | $0 | $10,000 | $0 | 0% |
Complaint Index
Company Changes
Date:
2014-07-31Comments:
Effective 07/31/14 Northwestern Pacific Indemnity Company added B1 authority and changed its name to Palomar Specialty Insurance Company.Date:
2025-03-06Comments:
Effective 03/06/2025 the above Company was issued a new Property and Casualty Certificate of Authority following addition of the B3-Fidelity and Surety line of authority to its current B1-Property and B2-Liability authority. Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.