AM Best Affirms Credit Ratings for Palomar Holdings, Inc. and Its Member Companies and Affiliate
AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of "bbb" (Good) of Palomar Holdings, Inc. (Palomar) (Delaware) (NASDAQ:PLMR), the ultimate parent and insurance holding company of Palomar Specialty Insurance Company (PSIC) (Portland, OR), Palomar Excess and Surplus Insurance Company (PESIC) (Phoenix, AZ), Palomar Specialty Reinsurance Company Bermuda Ltd. (Palomar Re) (Bermuda), First Indemnity of America Insurance Company (FIA) (Morris Plains, NJ), and Palomar Casualty and Surety Company (Metairie, LA). Concurrently, AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of "a" (Excellent) of PSIC, PESIC, Palomar Re and FIA,