Palomar (PLMR) said Friday it has raised its 2026 adjusted net income guidance to between $266 million and $280 million from the previous range of $262 million to $278 million.

Analysts polled by FactSet expect $265.2 million.

The company also said it has procured about $421 million of incremental limit to back the growth of its Earthquake franchise.

The company's reinsurance coverage is now $3.92 billion for earthquakes and $135 million for continental US hurricanes, Palomar said.

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