finance.yahoo.com

Palomar Says Gray Surety Acquisition Expands Scale and Diversification

Palomar Holdings logoPalomar Holdings
Sig3.35Sen+7.25Env0.00Soc0.00Gov+1.10

Palomar Holdings reports that its acquisition of Gray Surety has boosted scale and diversification, supported by higher premiums, investment income, and commission gains. For the six months ended June 30, 2026, Gray Surety contributed $33.6 million of revenue, and Surety & Credit GWP rose 235.6% year over year. Integration is substantially complete, enabling Palomar to focus on franchise building and organic growth.

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