Company Details

  OBSIDIAN INSURANCE COMPANY License Status :
Active

NAIC Number :

35602


Phone Number:

6142217777


Company Address:

1330 Avenue of the Americas Suite 23A
NEW YORK, NY  10019

Description:

Property and Casualty


License Number:

B420754


Date Admitted:

1996-07-25


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2023 Total Property & Casualty 0.02% $2,400,798 $1,367,628 $275,935 $612,192 44.76 %
2023 Total Fire & Allied Lines 0.21% $1,649,045 $685,535 $260,190 $395,152 57.64 %
2023 Dwelling Fire & Allied Lines 0.71% $1,649,045 $685,535 $260,190 $395,152 57.64 %
2023 Inland Marine (Incl Auto Cargo) 0.01% $50,228 $27,282 $12,269 $12,694 46.53 %
2023 Other Liability - Bodily Injury & Property Damage 0.00% $23,550 $23,433 $0 $5,240 22.36 %
2023 Total Commercial Automobile 0.07% $677,975 $631,378 $3,476 $199,106 31.54 %
2023 Commercial Auto Liability Bodily Injury 0.11% $579,071 $539,173 $3,476 $199,961 37.09 %
2023 Commercial Auto Liability Property Damage 0.07% $98,904 $92,205 $0 $-855 -0.93 %
2022 Total Property & Casualty 0.00% $671,423 $243,611 $21,399 $102,552 42.10 %
2022 Total Fire & Allied Lines 0.03% $137,571 $36,821 $9,016 $21,176 57.51 %
2022 Commercial Fire & Allied Lines 0.04% $137,571 $36,821 $9,016 $21,176 57.51 %
2022 Inland Marine (Incl Auto Cargo) 0.01% $63,760 $35,364 $12,383 $23,316 65.93 %
2022 Other Liability - Bodily Injury & Property Damage 0.00% $7,013 $4,478 $0 $1,439 32.13 %
2022 Total Commercial Automobile 0.05% $463,079 $166,948 $0 $56,621 33.92 %
2022 Commercial Auto Liability Bodily Injury 0.08% $379,260 $120,458 $0 $40,560 33.67 %
2022 Commercial Auto Liability Property Damage 0.06% $83,819 $46,490 $0 $16,061 34.55 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2023 Homeowners 0.02% 0 0


Company Changes

Effective Date: 12/14/2021

Comments: Effective 12/14/2021 the above company was approved to write the following new lines of business: B1-Property, B3-Fidelity & Surety, B4-Accident & Health, and B5-Miscellaneous.


Market Conduct

Date: 08/20/2024

OIC824.pdf


Financial Exams

This company does not have any financial exams.