Paramount Insurance Company

Current Status

       In Rehabilitation

Date of Rehabilitation

       September 13, 2018

  This website contains information for the benefit of policyholders, claimants and other parties that may have an interest in Paramount Insurance Company. On September 13, 2018 Paramount Insurance Company (“Paramount” or the “Company”) was ordered into Rehabilitation and the Risk & Regulatory Consulting was appointed as Receiver. The Company is no longer writing any new or renewal policies in the State of Maryland or in the District of Columbia.
Under the Rehabilitation Order, all Paramount policies remain in force unless otherwise expired or terminated. Policyholders should continue to pay premiums when due if they wish to keep their policy in force.

 Should you need additional information, please feel free to contact us at the e-mail address provided on the Contact Us page.

PLEASE NOTE......... Friday November 9th, 2018

Paramount is moving its operations to a new location in Maryland.  

At noon today, Friday November 9th, Paramount’s operations will transition to an afterhours mode and we will be unable to respond to your calls and emails.  In addition we will be unable to receive faxes during this time.

 Barring any unexpected circumstances , we anticipate full communications and operations being restored by Monday morning November 12th. We appreciate your patience during this process.



There is no relationship of any kind between The Paramount Insurance Company located in Maryland and Paramount Insurance Company in New York who offers Workers Comp, Home Owners and other Property & Casualty Insurance. If you are seeking assistance regarding a Workers Comp, Home Owners, Commercial Policy or an Auto Policy outside of Maryland or The District of Columbia, please contact them directly.

Paramount Insurance

1 Park Ave

14th Floor

New York, NY 10016.

Ph: 212-591-9500

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