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Company Details
AMERICAN ALTERNATIVE INSURANCE CORPORATION License Status :
Active
NAIC Number :
19720
Phone Number:
6092434200
Company Address:
555 COLLEGE ROAD EAST
PRINCETON, NJ 08543
Description:
Property and Casualty
License Number:
B420769
Date Admitted:
1923-08-01
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 |
|---|---|---|---|---|---|---|---|
| 2021 | Total Accident & Health | 0.00% | $0 | $0 | $0 | $-617,632 | N/A |
| 2021 | Total Individual Accident & Health | 0.00% | $0 | $0 | $0 | $-586,989 | N/A |
| 2021 | Individual Stop Loss | 0.00% | $0 | $0 | $0 | $-586,989 | N/A |
| 2021 | Total Group Accident & Health | 0.00% | $0 | $0 | $0 | $-30,643 | N/A |
| 2021 | Group Comprehensive Medical Expense - Association | 0.00% | $0 | $0 | $0 | $-7,967 | N/A |
| 2021 | Group Limited Benefit | 0.00% | $0 | $0 | $0 | $-22,676 | N/A |
| 2021 | Total Property & Casualty | 0.01% | $4,593,643 | $4,553,543 | $1,900,555 | $685,914 | 15.06 % |
| 2021 | Total Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $26 | N/A |
| 2021 | Commercial Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $26 | N/A |
| 2021 | Commercial Multi-Peril | 0.01% | $318,093 | $304,320 | $603,084 | $-3,278,958 | -1,077.47 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.00% | $26,374 | $25,240 | $11,000 | $13,095 | 51.88 % |
| 2021 | Total Medical Malpractice | 0.00% | $0 | $0 | $0 | $30,947 | N/A |
| 2021 | Medical Malpractice - Hospitals | 0.00% | $0 | $0 | $0 | $30,947 | N/A |
| 2021 | Earthquake | 0.00% | $0 | $0 | $0 | $-1 | N/A |
| 2021 | Direct Workers Compensation | 0.00% | $310 | $310 | $0 | $5,817 | N/A |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.00% | $66,057 | $57,478 | $52,500 | $2,623,332 | N/A |
| 2021 | Products Liability | 0.00% | $0 | $0 | $0 | $6 | N/A |
| 2021 | Total Commercial Automobile | 0.00% | $1,862 | $2,277 | $391,705 | $-104,763 | -4,600.92 % |
| 2021 | Commercial Auto Liability Bodily Injury | 0.00% | $1,918 | $2,291 | $305,533 | $-397,772 | -17,362.37 % |
| 2021 | Commercial Auto Medical Payments | 0.00% | $-3 | $-3 | $-5,000 | $-4,142 | 138,066.67 % |
| 2021 | Commercial Auto Uninsured Motorists | 0.00% | $-12 | $-12 | $0 | $53,433 | N/A |
| 2021 | Commercial Auto Comprehensive | 0.00% | $-21 | $0 | $46,275 | $122,961 | N/A |
| 2021 | Commercial Auto Collision | 0.00% | $-20 | $1 | $44,897 | $120,757 | N/A |
| 2021 | Aircraft | 3.90% | $3,868,239 | $3,868,239 | $841,431 | $1,372,016 | 35.47 % |
| 2021 | Fidelity | 0.00% | $0 | $0 | $0 | $-601 | N/A |
| 2021 | Surety | 0.16% | $312,708 | $295,679 | $835 | $25,012 | 8.46 % |
| 2021 | Boiler & Machinery | 0.00% | $0 | $0 | $0 | $1 | N/A |
| 2021 | Federal Crop Insurance Corporation | 0.00% | $0 | $0 | $0 | $-15 | N/A |
| 2020 | Total Accident & Health | 0.00% | $0 | $0 | $21,610 | $-388,643 | N/A |
| 2020 | Total Individual Accident & Health | 0.00% | $0 | $0 | $21,610 | $-349,229 | N/A |
| 2020 | Individual Stop Loss | 0.00% | $0 | $0 | $21,610 | $-349,229 | N/A |
| 2020 | Total Group Accident & Health | 0.00% | $0 | $0 | $0 | $-39,414 | N/A |
| 2020 | Group Comprehensive Medical Expense - Association | 0.00% | $0 | $0 | $0 | $-10,248 | N/A |
| 2020 | Group Limited Benefit | 0.00% | $0 | $0 | $0 | $-29,166 | N/A |
| 2020 | Total Property & Casualty | 0.02% | $5,113,068 | $8,395,227 | $5,139,302 | $3,368,847 | 40.13 % |
| 2020 | Total Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $-295 | N/A |
| 2020 | Farm Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $-295 | N/A |
| 2020 | Commercial Multi-Peril | 0.04% | $978,449 | $2,891,697 | $2,317,960 | $1,155,741 | 39.97 % |
| 2020 | Inland Marine (Incl Auto Cargo) | 0.00% | $50,081 | $35,182 | $0 | $-543 | -1.54 % |
| 2020 | Total Medical Malpractice | 0.00% | $0 | $50,229 | $0 | $-8,914 | -17.75 % |
| 2020 | Medical Malpractice - Hospitals | 0.00% | $0 | $50,229 | $0 | $-8,914 | -17.75 % |
| 2020 | Earthquake | 0.00% | $0 | $0 | $0 | $-1 | N/A |
| 2020 | Direct Workers Compensation | 0.00% | $567 | $667 | $0 | $-17,771 | -2,664.32 % |
| 2020 | Other Liability - Bodily Injury & Property Damage | 0.01% | $160,583 | $356,331 | $0 | $9,641 | 2.71 % |
| 2020 | Total Commercial Automobile | 0.01% | $241,676 | $1,383,158 | $2,321,073 | $1,302,385 | 94.16 % |
| 2020 | Commercial Auto Liability Bodily Injury | 0.01% | $121,660 | $569,007 | $1,042,597 | $124,146 | 21.82 % |
| 2020 | Commercial Auto Medical Payments | 0.03% | $5,735 | $26,091 | $5,000 | $-5,000 | -19.16 % |
| 2020 | Commercial Auto Uninsured Motorists | 0.02% | $13,282 | $81,440 | $40,000 | $16,840 | 20.68 % |
| 2020 | Commercial Auto Comprehensive | 0.01% | $30,761 | $231,124 | $547,711 | $562,862 | N/A |
| 2020 | Commercial Auto Collision | 0.02% | $70,238 | $475,496 | $685,765 | $603,537 | N/A |
| 2020 | Aircraft | 3.31% | $3,401,720 | $3,401,720 | $500,269 | $869,730 | 25.57 % |
| 2020 | Fidelity | 0.00% | $0 | $0 | $0 | $-144 | N/A |
| 2020 | Surety | 0.16% | $279,992 | $276,243 | $0 | $59,019 | 21.36 % |
| 2020 | Boiler & Machinery | 0.00% | $0 | $0 | $0 | $-1 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2021 | Health | 0.00% | 0 | 0 |
| 2020 | Health | 0.02% | 0 | 0 |
Company Changes
Market Conduct
Date: 07/30/2015
Date: 05/21/2019
Financial Exams
This company does not have any financial exams.