LA JOLLA, Calif., May 07, 2020 -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced that management will virtually participate in the following.
IBD Live Q&A Question Answer(s) Good Morning Team IBDLive! What a week. This market is such a slippery slope. Stocks fly over their 200 and/or through their 50 day ma in the last half hour of trading. Only to wake up this morning; back down again on covid19 reality. Stimulus news goes just so far. Why we really need to...
Specialty property insurer Palomar Holdings, Inc. (PLMR) (‘Palomar’ or the ‘Company’) today announced the successful completion of certain reinsurance programs incepting at June 1, 2020. The Company procured approximately $200 million of incremental limit for California earthquakes, approximately $300 million of incremental limit for all earthquake zones, and approximately $80 million of incremental windstorm limit. Reinsurance coverage now exhausts at $1.4 billion for earthquake events and $600 million for hurricane events, providing adequate headroom to support the Company’s growth initiatives as well as coverage in excess of Palomar’s 1:250 year zone peak zone Probable Maximum Loss (“PML”).
CNA Financial (CNA) is poised to benefit from robust revenues and constant efforts to boost shareholders' value. However, high costs incurred remain a concern.
The Company also announced the appointment of Bill Bold, as Chief Strategy Officer. A talented underwriter, Andy has been instrumental in our success from our formative years through our initial public offering to where we are today.
Palomar Holdings, Inc. (PLMR) (‘Palomar’ or the ‘Company’) today announced that it will release its first quarter 2020 results after the market close on Tuesday, May 5, 2020 and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Wednesday, May 6, 2020. 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 2020 Earnings Conference Call. A replay will be available starting at 3:00 p.m. (Eastern Time) on May 6, 2020 and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671.
Is (PLMR) Outperforming Other Finance Stocks This Year?
The stock market reduced its losses but closed lower Thursday, while small caps surprisingly held up much better.
AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of "bbb-" of Palomar Holdings, Inc. (Palomar) [NASDAQ: PLMR] (Delaware), the ultimate parent and insurance holding company of Palomar Specialty Insurance Company (PSIC) (headquartered in La Jolla, CA) and Palomar Specialty Reinsurance Company Bermuda Ltd. (Palomar Re) (Bermuda). Concurrently, AM Best has affirmed the Financial Strength Ratings (FSR) of A- (Excellent) and the Long-Term ICR of "a-" of PSIC and Palomar Re. The outlook of these Credit Ratings (ratings) is stable. PSIC and Palomar Re are members of Palomar.
LA JOLLA, Calif., May 05, 2020 -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or the “Company”) reported net income of $11.8 million, or $0.48 per diluted share, for the.
On March 18, 2020 a 5.7 magnitude earthquake struck Magna, Utah and the greater Salt Lake City metropolitan area. Additionally, Palomar has assessed the exposures based on the Modified Mercalli (MM) Intensity Scale (“MMI”) used by the USGS to determine intensity levels at the Earth’s surface. “Our thoughts are with all of those impacted by yesterday’s earthquake in Utah” Palomar CEO, Mac Armstrong, stated.
IBD Live Q&A Question Answer(s) Good morning team. Would like your thoughts on CPRT this morning. Good morning. We will definitely be discussing CPRT. Thanks for posting the "IBD Ready" list daily. Is this a list of stocks talked about on the currnet daily show only? Do you recommend we add to the "IBD Ready" list of prior days? or...
Specialty insurer Palomar is among the top IPO stocks to watch and has just joined Microsoft, Netflix, Zoom and Adobe on the IBD Breakout Stocks Index.
When you buy shares in a company, there is always a risk that the price drops to zero. But if you pick the right...
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Image source: The Motley Fool. Palomar Holdings Inc (NASDAQ: PLMR)Q1 2020 Earnings CallMay 06, 2020, 12:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorHello, and welcome to the Palomar Holdings, Inc.
Palomar (PLMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Futures: Enphase, Amedisys, 10X Genomics, Palomar were earnings movers overnight. Earlier, AMD showed why investors should focus on the best stocks from the best groups.
Palomar (PLMR) delivered earnings and revenue surprises of 28.21% and 6.45%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
S&P; Dow Jones Indices will make the following changes to the S&P; MidCap 400 and S&P; SmallCap 600 effective prior to the open of trading on Monday, June 1: