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News

For nearly four decades, OMIC has been making news in the ophthalmic community.

Read the latest information on our organization, our people, and our initiatives. Log in for OMIC articles, case studies, risk management recommendations, and resources including sample forms and documents.

Found 15 articles.
May 13, 2025

Our Partnership with the AAO Continues to Thrive 

By ROBERT GOLD, Chair, Board of Directors
ROBERT GOLD, Chair, Board of Directors It is truly my honor and privilege to enter my third and final year as the Chair of the Board of OMIC. The first 2 years have certainly been eventful with the retirement of our long time CEO Tim Padovese in 2023 and transitioning to our new CEO, Bill Fleming in 2024. Bill has brought over 30 years’ experience in the medical professional liability space to OMIC and brought fresh ideas to the table while continuing the OMIC culture of support to an outstanding staff. The unique style of the physicians on our board and committees brings ophthalmic expertise to your company that is unlike the leadership of any of our multispecialty competitors. Our MDs represent all ophthalmic subspecialties and have the expertise to…
May 13, 2025

OMIC Capitalization Strongest Level Recorded by Rating Agency 

The A.M. Best Company re-affirms OMIC's financial strength rating for 2025.
Jan 17, 2025

Your OMIC Coverage During Natural Disasters Such as the Ongoing Fires in Los Angeles 

Like all of us, OMIC is saddened by the ongoing fires in the Los Angeles area. As a mutual company, our mission is to support our member insureds in any way we can. If you are directly impacted by the fires, we stand ready to assist you by providing flexibility for paying your policy premiums and answering any other questions you may have. If you cannot pay your premium, or would like extra time to do so, please contact us to make arrangements. When possible, impacted insureds should contact OMIC at (800) 562-6642 for next steps and to determine the best course of action moving forward. One option, for example, is to place the coverage in a “suspended” status, still allowing coverage for the reporting of claims for practice activities…
Oct 10, 2024

OMIC's "A" Rating by AM Best is Reaffirmed 

OMIC's strong balance sheet was referenced by AM Best when they reaffirmed our "A" Excellent financial strength rating for 2024.
Oct 10, 2024

OMIC's Latest Policyholder Dividend Places Us Ahead of Peers 

OMIC is unique within our industry with regard to our continuing issuance of policyholder dividends during the current inflationary environment.
Aug 27, 2024

2025 Rates and Declared Dividend Announcement 

We are pleased to report that OMIC continues to perform as one of the most fiscally sound insurance companies in America.
May 18, 2024

Bill Fleming Assumes Leadership of the Ophthalmic Mutual Insurance Company (OMIC) as President and Chief Executive Officer 

The Ophthalmic Mutual Insurance Company (OMIC) announced today that effective February 1, 2024, Bill Fleming will succeed Timothy Padovese as the company’s President and CEO.
Aug 9, 2023

Board Chair Dr Robert Gold Pledges to Continue OMIC's Strong Relationship with the AAO 

It is my great honor and privilege to be your new chair of OMIC since the beginning of 2023.
Aug 7, 2023

Support Your Ophthalmic Society and Reduce Your OMIC Premium 

Sign into your MyOMIC profile to update your current active society memberships.
Jan 6, 2022

When and How to Contact OMIC 

When issues related to patient care or your coverage arise, please know that OMIC is ready to help.  Review our list of primary customer service groups, along with a brief description of when to contact them and how to do so.
Aug 26, 2020

2020 Dividend, COVID Credit, and 2021 Rate Adjustments 

This year has presented unprecedented challenges to all of us. The COVID-19 pandemic, societal and racial inequities, and the political environment have tested each of us in different ways.
Aug 14, 2020

The Year of Vision 

This was supposed to be the year of vision; 2020 began with so much promise for our profession yet we had no idea what was hiding in plain sight.
Mar 18, 2020

COVID-19: Easing of HIPAA Requirements While Practicing Telemedicine 

Two important changes in telehealth were announced yesterday: easing of HIPAA requirements while practicing telemedicine and new CMS benefits.
Mar 10, 2020

OMIC Receives 2020 Outstanding Captive of the Year Award 

To be recognized in such a way among the 3,200 captives operating in the U.S. is truly an honor for our board, employees, and members.
Feb 13, 2020

The Future Ain’t What It Used To Be. 

We welcome Daniel Briceland, MD, as Chair of the OMIC Board.