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|Category 4 major hurricane (SSHWS/NWS)|
|Formed||November 5, 2008|
|Dissipated||November 10, 2008|
|Highest winds||1-minute sustained: 145 mph (230 km/h) |
|Lowest pressure||944 mbar (hPa); 27.88 inHg|
|Damage||$315 million (2008 USD)|
|Areas affected||Cayman Islands, Jamaica, Cuba, coastal regions of Honduras and Nicaragua, Florida Panhandle, southern Bahamas|
|Part of the 2008 Atlantic hurricane season|
Hurricane Paloma was the seventeenth tropical cyclone, sixteenth tropical storm, eighth hurricane and fifth major hurricane of the 2008 Atlantic hurricane season. It was also the last storm of 2008. Hurricane Paloma was the second strongest hurricane in November, only behind Hurricane Lenny in 1999. In the Cayman Islands the damage totaled to $15 million. In Cuba the damage totaled to $300 million. Also in Jamaica the damage totaled to only $100,000. Luckily, the storm caused only 1 death.
It was the fourth time a "P" name began in the Atlantic since 1950. The other storms were Tropical Storm Pablo in 1995, Tropical Storm Peter in 2003 and Hurricane Phillippe in 2005 seasons. Paloma broke a record by making the 2008 season be the first time a major hurricane formed in five different months (July-November).
Paloma was also the second strongest hurricane in November, it was behind Hurricane Lenny in 1999.
- See also: List of retired Atlantic hurricane names
In the spring of 2009 the name Paloma was retired and replaced by Paulette in 2015. 
- HPC rainfall page for 2008 Tropical Cyclones
- National Hurricane Center Website
- National Hurricane Center's Atlantic Tropical Weather Outlook
- Video of damage in Cuba caused by Hurricane Paloma