PALOMAR SPECIALTY INSURANCE COMPANY

Company Details

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:

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%
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 0.3%
2021 Inland Marine (Incl Auto Cargo) 0.01% $24,418 $10,383 $0 $0 0%
2021 Earthquake 2.94% $3,834,410 $3,319,922 $0 $10,000 0.3%

Complaint Index

Link to Consumer Complaint Index Page
This company does not have any consumer complaints.

Company Changes

Effective Date:
Comments:

Effective 07/31/14 Northwestern Pacific Indemnity Company added B1 authority and changed its name to Palomar Specialty Insurance Company.

Effective Date:
Comments:

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.