Palomar operates multiple primary insurance subsidiaries, such as Palomar Specialty Insurance Company, that are designated as admitted carriers in numerous states across the country. Operating as an admitted carrier means that the company's policy forms, endorsement language, and rate filings are formally reviewed and approved by state insurance departments. This regulatory status provides policyholders with full statutory protections, adherence to state-mandated consumer guidelines, and access to state guaranty fund backstops in the unlikely event of insolvency.
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