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Company Details
AMERICAN ALTERNATIVE INSURANCE CORPORATION License Status :
Active
NAIC Number :
19720
Phone Number:
609-243-4313
Company Address:
555 COLLEGE ROAD EAST - P.O. BOX 5241
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 |
|---|---|---|---|---|---|---|---|
| 2019 | Total Accident & Health | 0.00% | $944,650 | $944,650 | $1,811,279 | $-136,167 | -14.41 % |
| 2019 | Total Individual Accident & Health | 0.01% | $944,650 | $944,650 | $1,811,281 | $-79,007 | -8.36 % |
| 2019 | Individual Stop Loss | 12.05% | $944,650 | $944,650 | $1,811,281 | $-79,007 | -8.36 % |
| 2019 | Total Group Accident & Health | 0.00% | $0 | $0 | $-2 | $-57,160 | N/A |
| 2019 | Group Comprehensive Medical Expense - Association | 0.00% | $0 | $0 | $0 | $-14,728 | N/A |
| 2019 | Group Limited Benefit | 0.00% | $0 | $0 | $-2 | $-42,432 | N/A |
| 2019 | Total Property & Casualty | 0.05% | $11,392,317 | $11,147,494 | $5,438,124 | $9,673,533 | 86.78 % |
| 2019 | Total Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $-3,010 | N/A |
| 2019 | Commercial Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $-3,010 | N/A |
| 2019 | Commercial Multi-Peril | 0.33% | $6,004,533 | $5,835,523 | $3,396,070 | $7,889,401 | N/A |
| 2019 | Inland Marine (Incl Auto Cargo) | 0.00% | $44,202 | $44,120 | $0 | $-22,967 | -52.06 % |
| 2019 | Total Medical Malpractice | 0.06% | $91,419 | $89,992 | $0 | $102 | 0.11 % |
| 2019 | Medical Malpractice - Hospitals | 0.23% | $91,419 | $89,992 | $0 | $102 | 0.11 % |
| 2019 | Earthquake | 0.00% | $0 | $0 | $0 | $-2 | N/A |
| 2019 | Direct Workers Compensation | 0.00% | $1,540 | $1,515 | $363 | $-40,881 | -2,698.42 % |
| 2019 | Other Liability - Bodily Injury & Property Damage | 0.03% | $579,639 | $601,643 | $0 | $-108,173 | -17.98 % |
| 2019 | Total Commercial Automobile | 0.18% | $3,007,974 | $2,926,734 | $1,927,826 | $1,602,378 | 54.75 % |
| 2019 | Commercial Auto Liability Bodily Injury | 0.13% | $1,152,353 | $1,159,772 | $828,746 | $633,093 | 54.59 % |
| 2019 | Commercial Auto Medical Payments | 0.23% | $50,533 | $50,850 | $1,535 | $-18,705 | -36.78 % |
| 2019 | Commercial Auto Uninsured Motorists | 0.37% | $195,694 | $196,469 | $18,685 | $-78,715 | -40.06 % |
| 2019 | Commercial Auto Comprehensive | 0.24% | $511,533 | $482,430 | $256,681 | $220,298 | 45.66 % |
| 2019 | Commercial Auto Collision | 0.39% | $1,097,861 | $1,037,213 | $822,179 | $846,407 | 81.60 % |
| 2019 | Aircraft | 1.95% | $1,382,205 | $1,382,205 | $113,865 | $335,687 | 24.29 % |
| 2019 | Fidelity | 0.00% | $0 | $135 | $0 | $-106 | -78.52 % |
| 2019 | Surety | 0.14% | $280,805 | $265,627 | $0 | $21,087 | 7.94 % |
| 2019 | Boiler & Machinery | 0.00% | $0 | $0 | $0 | $20 | N/A |
| 2019 | Federal Crop Insurance Corporation | 0.00% | $0 | $0 | $0 | $-3 | N/A |
| 2018 | Total Accident & Health | 0.01% | $4,182,399 | $4,182,399 | $3,292,008 | $3,655,545 | 87.40 % |
| 2018 | Total Individual Accident & Health | 0.02% | $4,127,530 | $4,127,530 | $3,198,034 | $3,623,223 | 87.78 % |
| 2018 | Individual Stop Loss | 28.08% | $4,127,530 | $4,127,530 | $3,198,034 | $3,623,223 | 87.78 % |
| 2018 | Total Group Accident & Health | 0.00% | $54,869 | $54,869 | $93,974 | $32,322 | 58.91 % |
| 2018 | Group Comprehensive Medical Expense - Association | 0.01% | $14,209 | $14,209 | $75,204 | $-19,278 | -135.67 % |
| 2018 | Group Limited Benefit | 0.01% | $40,660 | $40,660 | $18,770 | $51,600 | N/A |
| 2018 | Total Property & Casualty | 0.04% | $10,827,815 | $10,706,296 | $2,792,147 | $2,403,418 | 22.45 % |
| 2018 | Total Fire & Allied Lines | 0.00% | $-8,889 | $-1,949 | $0 | $-5,512 | N/A |
| 2018 | Commercial Fire & Allied Lines | 0.00% | $-8,889 | $-1,949 | $0 | $-5,512 | N/A |
| 2018 | Commercial Multi-Peril | 0.32% | $5,758,115 | $5,454,279 | $976,358 | $1,270,779 | 23.30 % |
| 2018 | Inland Marine (Incl Auto Cargo) | 0.00% | $24,205 | $24,800 | $62,250 | $41,467 | N/A |
| 2018 | Total Medical Malpractice | 0.06% | $88,602 | $88,487 | $0 | $-1,141 | -1.29 % |
| 2018 | Medical Malpractice - Hospitals | 0.28% | $88,602 | $88,487 | $0 | $-1,141 | -1.29 % |
| 2018 | Earthquake | 0.00% | $0 | $0 | $0 | $-3 | N/A |
| 2018 | Direct Workers Compensation | 0.00% | $-1,324 | $150 | $0 | $-155,479 | -103,652.67 % |
| 2018 | Other Liability - Bodily Injury & Property Damage | 0.04% | $596,224 | $559,337 | $10,909 | $-314,330 | -56.20 % |
| 2018 | Total Commercial Automobile | 0.19% | $2,950,246 | $3,164,515 | $1,368,361 | $1,204,703 | 38.07 % |
| 2018 | Commercial Auto Liability Bodily Injury | 0.16% | $1,221,354 | $1,273,909 | $372,157 | $410,240 | 32.20 % |
| 2018 | Commercial Auto Medical Payments | 0.29% | $51,911 | $53,015 | $582 | $-176 | -0.33 % |
| 2018 | Commercial Auto Uninsured Motorists | 0.42% | $200,208 | $204,412 | $1,000 | $9,180 | 4.49 % |
| 2018 | Commercial Auto Comprehensive | 0.27% | $467,731 | $513,165 | $446,407 | $388,350 | 75.68 % |
| 2018 | Commercial Auto Collision | 0.37% | $1,009,042 | $1,120,014 | $548,215 | $397,109 | 35.46 % |
| 2018 | Aircraft | 1.88% | $1,175,532 | $1,175,532 | $373,878 | $311,168 | 26.47 % |
| 2018 | Fidelity | 0.00% | $912 | $1,133 | $0 | $99 | 8.74 % |
| 2018 | Surety | 0.17% | $244,364 | $240,050 | $391 | $51,907 | 21.62 % |
| 2018 | Boiler & Machinery | 0.00% | $-172 | $-38 | $0 | $-240 | N/A |
| 2017 | Total Accident & Health | 0.01% | $4,124,395 | $4,124,395 | $1,664,457 | $2,476,364 | 60.04 % |
| 2017 | Total Individual Accident & Health | 0.02% | $3,831,025 | $3,831,025 | $1,594,130 | $2,341,921 | 61.13 % |
| 2017 | Individual Stop Loss | 42.29% | $3,831,025 | $3,831,025 | $1,594,130 | $2,341,921 | 61.13 % |
| 2017 | Total Group Accident & Health | 0.00% | $293,370 | $293,370 | $70,327 | $134,443 | 45.83 % |
| 2017 | Group Comprehensive Medical Expense - Small Employer | 0.00% | $0 | $0 | $-536 | $-536 | N/A |
| 2017 | Group Comprehensive Medical Expense - Association | 0.08% | $197,931 | $197,931 | $48,167 | $107,167 | 54.14 % |
| 2017 | Group Limited Benefit | 0.02% | $95,439 | $95,439 | $22,696 | $27,812 | 29.14 % |
| 2017 | Total Property & Casualty | 0.04% | $9,649,395 | $9,136,715 | $4,720,190 | $5,662,183 | 61.97 % |
| 2017 | Total Fire & Allied Lines | 0.00% | $11,948 | $11,687 | $0 | $-2,177 | -18.63 % |
| 2017 | Commercial Fire & Allied Lines | 0.00% | $11,948 | $11,687 | $0 | $-2,177 | -18.63 % |
| 2017 | Commercial Multi-Peril | 0.23% | $4,227,747 | $3,736,204 | $1,230,453 | $1,794,155 | 48.02 % |
| 2017 | Growing Crops | 0.00% | $0 | $0 | $0 | $-6 | N/A |
| 2017 | Inland Marine (Incl Auto Cargo) | 0.00% | $25,208 | $76,988 | $37,631 | $33,215 | 43.14 % |
| 2017 | Total Medical Malpractice | 0.05% | $85,744 | $93,961 | $0 | $9,915 | 10.55 % |
| 2017 | Medical Malpractice - Hospitals | 0.29% | $85,744 | $93,961 | $0 | $9,915 | 10.55 % |
| 2017 | Earthquake | 0.00% | $0 | $0 | $0 | $-3 | N/A |
| 2017 | Direct Workers Compensation | 0.00% | $1,524 | $218 | $103,366 | $-55,813 | -25,602.29 % |
| 2017 | Other Liability - Bodily Injury & Property Damage | 0.03% | $544,405 | $527,906 | $0 | $113,764 | 21.55 % |
| 2017 | Total Commercial Automobile | 0.23% | $3,309,839 | $3,254,436 | $2,635,446 | $2,646,655 | 81.32 % |
| 2017 | Commercial Auto Liability Bodily Injury | 0.19% | $1,318,003 | $1,293,716 | $1,999,864 | $1,877,976 | N/A |
| 2017 | Commercial Auto Medical Payments | 0.30% | $51,835 | $44,125 | $0 | $14,005 | 31.74 % |
| 2017 | Commercial Auto Uninsured Motorists | 0.41% | $193,801 | $180,414 | $0 | $60,363 | 33.46 % |
| 2017 | Commercial Auto Comprehensive | 0.32% | $544,038 | $536,643 | $282,695 | $305,897 | 57.00 % |
| 2017 | Commercial Auto Collision | 0.47% | $1,202,162 | $1,199,538 | $352,887 | $388,414 | 32.38 % |
| 2017 | Aircraft | 1.65% | $1,214,375 | $1,214,375 | $719,826 | $1,129,788 | 93.03 % |
| 2017 | Fidelity | 0.00% | $958 | $968 | $0 | $39 | 4.03 % |
| 2017 | Surety | 0.19% | $227,416 | $219,743 | $-6,532 | $-7,645 | -3.48 % |
| 2017 | Boiler & Machinery | 0.00% | $231 | $229 | $0 | $177 | 77.29 % |
| 2017 | Federal Crop Insurance Corporation | 0.00% | $0 | $0 | $0 | $119 | 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 |
|---|---|---|---|---|
| 2019 | Health | 0.03% | 0 | 0 |
| 2018 | Health | 0.04% | 0 | 0 |
| 2017 | Health | 0.03% | 1 | 79 |
Company Changes
Market Conduct
Date: 07/30/2015
Date: 05/21/2019
Financial Exams
This company does not have any financial exams.