Palomar raises 2022 PLMR-FRONT GWP expectation to $130mn-$160mn

Palomar has raised its 2022 guidance for managed fronting gross written premium (GWP) in its PLMR-FRONT unit, while the insurer’s CEO has also commented that residential earthquake demand will remain strong as a result of a dislocated homeowners market and the California Earthquake Authority (CEA) reducing exposure.