Omni Ins Co
Major Rating Factors:
Weak profitability index (2.7 on a scale of 0 to 10) with operating losses during each of the last five years and the first three months of 2025. Average return on equity over the last five years has been poor at -13.8%. Fair long-term capitalization index (4.2) based on fair current risk adjusted capital (severe and moderate loss scenarios). Fair liquidity (4.4) as cash resources may not be adequate to cover a spike in claims.
Other Rating Factors:
Fair overall results on stability tests (4.3) including fair risk adjusted capital in prior years. Fair reserve development (5.0) as reserves have generally been sufficient to cover claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
CT, DE, GA, IL, IN, PA, SC
Principal Investments:
Common stock (84.2%), investment grade bonds (12.0%), cash (0.5%), other (3.3%)
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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