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MarketBeat
MarketBeat
Business
Peter Frank

Palomar’s High-Risk Insurance Strategy Is Paying Off Big

Palomar Holdings (NASDAQ: PLMR) writes insurance policies that few others will, and the niche is paying off.

By focusing on risks that most standard insurers avoid, including earthquakes, floods, and surplus lines, the company just posted its strongest quarter ever. Trading now near its 52-week low and with a new acquisition, Palomar is either a rare entry point into disciplined growth or a company that’s one disaster away from a serious hit.

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