Palomar Holdings (PLMR) has disclosed a new risk, in the Technology category.
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The increasing growth and evolution of artificial intelligence pose significant risks to Palomar Holdings’ business operations. If Palomar is unable to effectively integrate AI technologies, or if competitors achieve better deployment, the company’s competitive edge might be compromised. Additionally, reliance on third-party vendors incorporating AI could introduce further vulnerabilities, particularly in IT and cybersecurity domains. As AI regulations evolve, Palomar may also face heightened regulatory scrutiny, adding to the complexity of navigating this technological landscape.
The average PLMR stock price target is $106.20, implying 10.40% upside potential.
To learn more about Palomar Holdings’ risk factors, click here.
