AMERICAN ALTERNATIVE INSURANCE CORPORATION

Company Details

License Status:
Active
NAIC Number:
19720
Phone Number:
6092434542
Company Address:

555 College Road East
Princeton, NJ 08540

Description:
Property and Casualty
License Number:
B420769
Date Admitted:

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 0.04% $7,105,130 $7,365,110 $1,490,601 $130,228 1.77%
2023 Total Fire & Allied Lines 0.03% $206,625 $170,862 $0 $-5,853 -3.43%
2023 Commercial Fire & Allied Lines 0.06% $206,625 $170,862 $0 $-5,786 -3.39%
2023 Farm Fire & Allied Lines 0% $0 $0 $0 $-67 0%
2023 Commercial Multi-Peril 0% $-15,310 $76,557 $940,663 $110,263 144.03%
2023 Ocean Marine 0% $0 $0 $0 $9,423 0%
2023 Inland Marine (Incl Auto Cargo) 0% $2,181 $9,888 $0 $-18,941 -191.56%
2023 Total Medical Malpractice 0% $-3,071 $-307 $0 $-8,361 2,723.45%
2023 Medical Malpractice - Hospitals -0.01% $-3,071 $-307 $0 $-8,361 2,723.45%
2023 Earthquake 0% $0 $0 $0 $99 0%
2023 Direct Workers Compensation 0% $0 $0 $0 $107,317 0%
2023 Other Liability - Bodily Injury & Property Damage 0.05% $482,283 $495,105 $130,000 $1,349,275 272.52%
2023 Excess Workers Compensation 0% $0 $0 $0 $4,930 0%
2023 Products Liability 0% $0 $0 $0 $-5 0%
2023 Total Commercial Automobile 0% $375 $558 $4,653 $-65,211 -11,686.6%
2023 Commercial Auto Liability Bodily Injury 0% $375 $558 $4,653 $-39,345 -7,051.08%
2023 Commercial Auto Comprehensive 0% $0 $0 $0 $-25,822 0%
2023 Commercial Auto Collision 0% $0 $0 $0 $-44 0%
2023 Aircraft 17.09% $5,447,909 $5,447,909 $420,285 $-1,287,819 -23.64%
2023 Surety 0.86% $984,138 $1,164,538 $-5,000 $-64,909 -5.57%
2023 Burglary & Theft 0% $0 $0 $0 $21 0%
2023 Boiler & Machinery 0% $0 $0 $0 $-1 0%
2022 Total Property & Casualty 0.04% $5,179,214 $4,661,470 $1,002,928 $-2,395,937 -51.4%
2022 Total Fire & Allied Lines 0.03% $159,000 $40,077 $0 $32,416 80.88%
2022 Commercial Fire & Allied Lines 0.05% $159,000 $40,077 $0 $32,348 80.71%
2022 Farm Fire & Allied Lines 0% $0 $0 $0 $68 0%
2022 Commercial Multi-Peril 0.04% $361,566 $360,475 $325,893 $-1,037,185 -287.73%
2022 Ocean Marine 0.02% $11,000 $11,000 $0 $3,705 33.68%
2022 Inland Marine (Incl Auto Cargo) 0% $23,245 $37,044 $0 $-1,495 -4.04%
2022 Total Medical Malpractice 0% $1,783 $178 $0 $-20,644 -11,597.8%
2022 Medical Malpractice - Hospitals 0% $1,783 $178 $0 $-20,644 -11,597.8%
2022 Direct Workers Compensation 0% $0 $239 $0 $-29,638 -12,400.8%
2022 Other Liability - Bodily Injury & Property Damage 0.06% $471,809 $377,815 $0 $-1,652,275 -437.32%
2022 Products Liability 0% $0 $0 $0 $-1 0%
2022 Total Commercial Automobile 0% $959 $1,373 $204,045 $-365,617 -26,629.1%
2022 Commercial Auto Liability Bodily Injury 0% $959 $1,373 $113,430 $-281,339 -20,490.8%
2022 Commercial Auto Uninsured Motorists 0% $0 $0 $90,909 $40,909 0%
2022 Commercial Auto Comprehensive 0% $0 $0 $-250 $-125,187 0%
2022 Commercial Auto Collision 0% $0 $0 $-44 $0 0%
2022 Aircraft 11.66% $3,587,673 $3,587,673 $395,968 $626,618 17.47%
2022 Surety 0.55% $562,179 $245,596 $77,022 $48,166 19.61%
2022 Boiler & Machinery 0% $0 $0 $0 $-2 0%
2022 Federal Crop Insurance Corporation 0% $0 $0 $0 $15 0%
2021 Total Accident & Health 0% $0 $0 $0 $-617,632 0%
2021 Total Individual Accident & Health 0% $0 $0 $0 $-586,989 0%
2021 Individual Stop Loss 0% $0 $0 $0 $-586,989 0%
2021 Total Group Accident & Health 0% $0 $0 $0 $-30,643 0%
2021 Group Comprehensive Medical Expense - Association 0% $0 $0 $0 $-7,967 0%
2021 Group Limited Benefit 0% $0 $0 $0 $-22,676 0%
2021 Total Property & Casualty 0.03% $4,593,643 $4,553,543 $1,900,555 $685,914 15.06%
2021 Total Fire & Allied Lines 0% $0 $0 $0 $26 0%
2021 Commercial Fire & Allied Lines 0% $0 $0 $0 $26 0%
2021 Commercial Multi-Peril 0.03% $318,093 $304,320 $603,084 $-3,278,958 -1,077.47%
2021 Inland Marine (Incl Auto Cargo) 0.01% $26,374 $25,240 $11,000 $13,095 51.88%
2021 Total Medical Malpractice 0% $0 $0 $0 $30,947 0%
2021 Medical Malpractice - Hospitals 0% $0 $0 $0 $30,947 0%
2021 Earthquake 0% $0 $0 $0 $-1 0%
2021 Direct Workers Compensation 0% $310 $310 $0 $5,817 1,876.45%
2021 Other Liability - Bodily Injury & Property Damage 0.01% $66,057 $57,478 $52,500 $2,623,332 4,564.06%
2021 Products Liability 0% $0 $0 $0 $6 0%
2021 Total Commercial Automobile 0% $1,862 $2,277 $391,705 $-104,763 -4,600.92%
2021 Commercial Auto Liability Bodily Injury 0% $1,918 $2,291 $305,533 $-397,772 -17,362.4%
2021 Commercial Auto Medical Payments 0% $-3 $-3 $-5,000 $-4,142 138,067%
2021 Commercial Auto Uninsured Motorists 0% $-12 $-12 $0 $53,433 -445,275%
2021 Commercial Auto Comprehensive 0% $-21 $0 $46,275 $122,961 0%
2021 Commercial Auto Collision 0% $-20 $1 $44,897 $120,757 12,075,700%
2021 Aircraft 13.88% $3,868,239 $3,868,239 $841,431 $1,372,016 35.47%
2021 Fidelity 0% $0 $0 $0 $-601 0%
2021 Surety 0.31% $312,708 $295,679 $835 $25,012 8.46%
2021 Boiler & Machinery 0% $0 $0 $0 $1 0%
2021 Federal Crop Insurance Corporation 0% $0 $0 $0 $-15 0%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2021 Health 0% 0 0

Company Changes

This company does not have any company changes.

Market Regulation Actions

Date:
Date:

Financial Exams

This company does not have any financial exams.