Palomar

Palomar Holdings, Inc. Announces Second Quarter 2023 Financial Results Release Date and Conference Call

Retrieved on: 
Tuesday, July 25, 2023

LA JOLLA, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its second quarter 2023 results after the market close on Wednesday, August 2, 2023, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Thursday, August 3, 2023.

Key Points: 
  • LA JOLLA, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its second quarter 2023 results after the market close on Wednesday, August 2, 2023, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Thursday, August 3, 2023.
  • The conference call can be accessed live by dialing 1-877-423-9813 or for international callers,1-201-689-8573, and requesting to be joined to the Palomar Second Quarter 2023 Earnings Conference Call.
  • A replay will be available starting at 4:00 p.m. (Eastern Time) on August 3, 2023, and can be accessed by dialing 1-844-512-2921, or for international callers,1-412-317-6671.
  • The replay will be available until 11:59 p.m. (Eastern Time) on August 10, 2023.

Palomar Holdings, Inc. Announces Successful Completion of June 1 Reinsurance Renewal

Retrieved on: 
Tuesday, May 30, 2023

LA JOLLA, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the successful completion of certain reinsurance programs incepting June 1, 2023, and increased the Company’s full year 2023 adjusted net income guidance.

Key Points: 
  • LA JOLLA, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the successful completion of certain reinsurance programs incepting June 1, 2023, and increased the Company’s full year 2023 adjusted net income guidance.
  • The reinsurance program provides ample capacity for the Company’s growth in the subject business lines as well as coverage to a level exceeding Palomar’s 1:250-year peak zone Probable Maximum Loss (“PML”).
  • Palomar has now purchased approximately $550 million of reinsurance limit to support the growth of its earthquake franchise in 2023.
  • “In what most have deemed the hardest reinsurance market in thirty years, we successfully completed our 6/1 renewal.

Astronomers just saw a star eat a planet – an astrophysicist on the team explains the first-of-its-kind discovery

Retrieved on: 
Wednesday, May 10, 2023

The star, named ZTF SLRN-2020, is located in the Milky Way galaxy, in the constellation Aquila.

Key Points: 
  • The star, named ZTF SLRN-2020, is located in the Milky Way galaxy, in the constellation Aquila.
  • Although we only see the effects on the star, not the planet directly, our team is confident that the event we witnessed was a star swallowing its planet.

Finding a flash in the dynamic night sky

    • To do this, we have been using data from the Zwicky Transient Facility, a telescope located on Palomar Mountain in Southern California.
    • It takes nightly images of broad swaths of the sky, and astronomers can then compare these images to find stars that change in brightness over time, or what are called astronomical transients.
    • Finding stars that change in brightness isn’t the challenge – it’s sorting out the cause behind any specific change to a star.

When a star swallows its planets


    The idea that stars could engulf some of their planets has been a long-standing assumption in astronomy. Astronomers have long known that when stars run out of hydrogen in their cores, they get brighter and begin to increase in size. Many planets have orbits that are smaller than the eventual size of their parent stars. So, when a star runs out of fuel and starts to expand, the planets nearby are inevitably consumed.

Interpreting a stellar flash

    • This is where combining theoretical models with the observational data allowed us to understand what the telescopes captured.
    • The merging of two stars into a single, bigger star is a dramatic event that throws matter out into the stars’ surroundings.
    • A large part of my career has focused on modeling the way stellar gas moves and crashes into itself and is expelled in these moments of intense interaction.
    • My past research suggests that smaller planets – or ones in more-distant orbits that only get consumed once a star has grown massively in size – might be swallowed without a detectable flash.

Learning from the real thing

    • First, the planet skims across the surface of the star for many years, slowly heating up and expelling material from the star’s atmosphere.
    • This cloud of dust gives the star a progressively redder color and emits increasing amounts of infrared radiation.
    • Next week our team will start analyzing data from the James Webb Space Telescope in the hopes of learning about the chemistry of the gas that now surrounds ZTF SLRN-2020.

Palomar Holdings, Inc. Announces First Quarter 2023 Financial Results Release Date and Conference Call

Retrieved on: 
Wednesday, April 26, 2023

LA JOLLA, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its first quarter 2023 results after the market close on Wednesday, May 3, 2023, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Thursday, May 4, 2023.

Key Points: 
  • LA JOLLA, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its first quarter 2023 results after the market close on Wednesday, May 3, 2023, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Thursday, May 4, 2023.
  • The conference call can be accessed live by dialing 1-877-423-9813 or for international callers, 1-201-689-8573, and requesting to be joined to the Palomar First Quarter 2023 Earnings Conference Call.
  • A replay will be available starting at 4:00 p.m. (Eastern Time) on May 4, 2023, and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671.
  • The replay will be available until 11:59 p.m. (Eastern Time) on May 11, 2023.

Erickson-Hall Breaks Ground on Palomar College Athletic Facilities

Retrieved on: 
Wednesday, December 7, 2022

ESCONDIDO, Calif., Dec. 7, 2022 /PRNewswire/ -- On October 18, 2022, Erickson-Hall Construction Co. joined more than 100 Palomar College faculty and staff, development team members, and community leaders for the groundbreaking of the college's new football stadium and softball fields.  The $22.8 million facilities at the San Marcos, CA campus were designed by HMC Architects and funded by the $694 million Proposition M.  The bond was approved by voters in 2006, and has resulted in significant modernization and improvements across the district.  Construction on the football and softball stadiums is expected to last one year, with completion anticipated in October 2023.  The new athletic facility at Palomar College leverages the expertise of Erickson-Hall, a highly experienced contractor for both K-12 and higher education programs.

Key Points: 
  • The new athletic facility at Palomar College leverages the expertise of Erickson-Hall, a highly experienced contractor for both K-12 and higher education programs.
  • Daniel A. Lynds, Athletic Director for Palomar College, says, "The new playing surfaces will greatly reduce the risk of injury and help to prolong their athletic careers.
  • Mat Gates, President of Erickson-Hall, states, "The anticipation from the community and student body for Palomar College's new athletic facilities makes it such a rewarding project.
  • It is obvious that Erickson-Hall shares our commitment to excellence and determination to build amazing athletic facilities at Palomar College."

Cowbell Doubles Underwriting Capacity in a Multi-Year Program Agreement with Palomar

Retrieved on: 
Thursday, July 7, 2022

PLEASANTON, Calif., July 7, 2022 /PRNewswire/ --  Cowbell Cyber, the leading provider of cyber insurance for small and medium-sized enterprises (SMEs), today announced an agreement with Palomar Excess & Surplus Insurance Company. The expansion of Cowbell's relationship with Palomar doubles the available reinsurance capacity for Cowbell Prime 250, Cowbell's cyber coverage for businesses with up to $250 million in revenue. The agreement brings Cowbell's total global reinsurance panel to 9 providers – including Cowbell Re.

Key Points: 
  • The expansion of Cowbell's relationship with Palomar doubles the available reinsurance capacity for Cowbell Prime 250 , Cowbell's cyber coverage for businesses with up to $250 million in revenue.
  • The agreement brings Cowbell's total global reinsurance panel to 9 providers including Cowbell Re .
  • Cowbell is rapidly renewing and expanding its insurance capacity partnerships to address the exploding market demand for cyber insurance while aggressively deploying innovative services to control losses.
  • Paired with its risk engineering services, Cowbell proactively engages with its policyholders to implement better cybersecurity practices.

Express Employment International Donates $100,000 to Four OKC Nonprofits During Giving Tuesday

Retrieved on: 
Thursday, December 2, 2021

Overall, the international staffing agency donated $100,000 in funds to these partner entities as part of their Giving Tuesday efforts.

Key Points: 
  • Overall, the international staffing agency donated $100,000 in funds to these partner entities as part of their Giving Tuesday efforts.
  • The contribution is made possible by Express Employment International's Philanthropic Committee and aligns with the company's belief in providing hope through employment.
  • Job seekers are encouraged to find their local Express office at ExpressPros.com, view open positions and fill out an application.
  • William H. "Bill" Stoller is chairman and chief executive officer of Express Employment Professionals.

Institutional Property Advisors Brokers $74.1 Million North County San Diego Multifamily Sale

Retrieved on: 
Friday, July 30, 2021

Institutional Property Advisors (IPA) , a division of Marcus & Millichap (NYSE: MMI) , announced today the sale of The Dylan, a 208-unit apartment complex in Oceanside, California.

Key Points: 
  • Institutional Property Advisors (IPA) , a division of Marcus & Millichap (NYSE: MMI) , announced today the sale of The Dylan, a 208-unit apartment complex in Oceanside, California.
  • The increasing disparity between monthly living expenses for renting versus owning should sustain low multifamily vacancies and place upward pressure on rental prices for the foreseeable future.
  • San Diego State University, the University of California San Diego, Mira Costa Community College and Palomar College are within a short drive.
  • Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America.

Palomar Holdings, Inc. Announces Second Quarter 2021 Financial Results Release Date and Conference Call

Retrieved on: 
Wednesday, July 28, 2021

LA JOLLA, Calif, July 28, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the Company) today announced that it will release its second quarter 2021 results after the market close on Wednesday, August 4, 2021 and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Thursday, August 5, 2021.

Key Points: 
  • LA JOLLA, Calif, July 28, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the Company) today announced that it will release its second quarter 2021 results after the market close on Wednesday, August 4, 2021 and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Thursday, August 5, 2021.
  • The conference call can be accessed live by dialing 1-877-423-9813 or for international callers, 1-201-689-8573, and requesting to be joined to the Palomar Second Quarter 2021 Earnings Conference Call.
  • Palomar Holdings, Inc. is the holding company of subsidiaries Palomar Specialty Insurance Company (PSIC), Palomar Specialty Reinsurance Company Bermuda Ltd., Palomar Insurance Agency, Inc., and Palomar Excess and Surplus Insurance Company.
  • Palomars principal insurance subsidiary, Palomar Specialty Insurance Company, is an admitted carrier in 32 states and has an A.M. Best financial strength rating of A- (Excellent).

Palomar Holdings, Inc. Elects Daina Middleton to its Board of Directors

Retrieved on: 
Monday, July 26, 2021

LA JOLLA, Calif., July 26, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or the Company) announced today that Daina Middleton has been elected to the Companys Board of Directors on July 22, 2021.

Key Points: 
  • LA JOLLA, Calif., July 26, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or the Company) announced today that Daina Middleton has been elected to the Companys Board of Directors on July 22, 2021.
  • We are extremely pleased to have Daina join our Board, stated Mac Armstrong, Palomars Chairman and Chief Executive Officer.
  • Ms. Middleton added, I am excited for the opportunity to join the outstanding team of professionals at Palomar.
  • Palomar Holdings, Inc. is the holding company of subsidiaries Palomar Specialty Insurance Company (PSIC), Palomar Specialty Reinsurance Company Bermuda Ltd., Palomar Insurance Agency, Inc., and Palomar Excess and Surplus Insurance Company.