Omni Ins Co
Major Rating Factors:
Vulnerable liquidity (0.0 on a scale of 0 to 10) as a spike in claims may stretch capacity. Fair long-term capitalization index (4.9) based on good current risk adjusted capital (severe loss scenarios) reflecting some improvement over results in 2023. Fair reserve development (4.4) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Fair profitability index (3.7) with operating losses during 2021, 2022, 2023 and 2024. Good overall results on stability tests (5.0) including excessive premium growth, negative cash flow from operations for 2025 and fair risk adjusted capital in prior years.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
CT, DE, IL, PA, SC
Principal Investments:
Common stock (79.5%), investment grade bonds (9.9%), cash (1.9%), other (8.8%)
Corporate Info
Group Affiliation
JC Comis Llc
Investment Rating
--
Company Address
300 Barr Harbor Drive
West Conshohocken, PA 19428
West Conshohocken, PA 19428
Phone Number
(610) 832-4940
NAIC Number
39098
Website
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