|Type of Entity:||Fire and Casualty (FC)|
|Status of TX License:||Active|
|Company Status:||Normal Operations|
|TDI Company Number:||5300|
|Date Licensed/Eligible/Registered in Texas:||07/31/1998|
555 College Road East
Princeton NJ 08543
|Toll Free Number:|
To determine if a company uses credit information for private passenger automobile or homeowners insurance.
The following organizations rate insurance companies on their financial strength and stability. Some of these companies charge for their services.
|As of:||Dec. 31, 2014||Dec. 31, 2015||Dec. 31, 2016|
|Asset to Liability Ratio||1.47||1.57||1.59|
|Total Life Ins||N/A||N/A||N/A|
|As of:||Dec. 31, 2014||Dec. 31, 2015||Dec. 31, 2016|
|Life and Annuities||N/A||N/A||N/A|
|Accident and Health||$8,656,855||$10,020,379||$13,685,613|
|Property and Casualty||$72,301,885||$72,156,756||$51,263,688|
|Total Texas Premium||$80,958,740||$82,177,135||$64,949,301|
When considering the company's complaint index and ratio, be sure to review the company history information displayed below for recent acquisitions, mergers, or other events that may affect the figures displayed for this company.
|Life and Annuity||N/A||N/A||N/A|
|Accident and Health||N/A||N/A||N/A|
|Life and Annuities||N/A||N/A||N/A||N/A||N/A|
|Accident and Health||N/A||N/A||N/A||N/A||N/A|
Confirmed Complaints: the number of confirmed complaints closed against the company for the line of insurance and year indicated. A complaint is confirmed if the department receives information indicating that a company committed any violation of an applicable state insurance law or regulation, a federal requirement the department has authority to enforce or the term or condition of an insurance policy or certificate. A complaint is also confirmed if the complaint and company's response, considered together, suggest that the company was in error or that the complainant had a valid reason for the complaint.
Complaint Ratios: the ratio, expressed as a percentage, is the number of closed confirmed complaints divided by the number of policies the company had in force for the line of insurance and year indicated.
Complaint Index: indicates how a company's ratio of the number of complaints to the number of policyholders compares to the average for all insurers. The index is calculated by dividing the company's percentage of complaints for a specific line of insurance by the company's percentage of the policies in force for the same line of insurance. The average index is 1.00. A number less than 1 indicates fewer complaints than average; a number greater than 1 indicates more complaints than average. For the most recent completed year, a given insurer's index may change over time, as policy count data is received by TDI. This will affect each insurer's percentage of the total.
Complaints against an insurance company are not part of the complaint tally above if the insurance company served only as a Third Party Administrator (TPA), a company hired simply to administer the paperwork of a health plan. Instead, they are included in the complaint record of the insurance company or HMO that hired the TPA. If a bonafide self-insured benefit plan hired the TPA, no complaint numbers are recorded as a part of the company/TPA's profile. Neither are profiles available for self-insured plans, as such plans are regulated under federal law.
|11-06-2015||Approved to withdraw from writing Private Passenger Auto No-Fault Personal Injury Protection, Other Private Passenger Liability, and Private Passenger Auto Physical Damage Insurance, in Texas.|
|03-13-2013||PENALTY OF $195,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN CONNECTICUT.|
|11-08-2012||PENALTY OF $7,600 FOR FAILURE TO TIMELY FILE CANCELLATION AND NON-RENEWAL NOTICES ON WC POLICIES IN NEW YORK.|
|12-20-2010||PENALTY OF $1,619 FOR FAILURE TO TIMELY FILE NECESSARY 6WC FORMS IN NEW HAMPSHIRE|
|11-02-2010||PENALTY OF $200 FOR FAILING TO FILE EVIDENCE OF COVERAGE IN ACCORDANCE OF LAWS IN SOUTH CAROLINA.|
|10-21-2010||PENALTY OF $350 FOR FAILURE TO TIMELY FILE CERTAIN NOTICES REQUIRED BY LAWS IN NEW YORK.|
|08-31-2010||PENALTY OF $150 FOR FAILURE TO FILE EVIDENCE OF COVERAGE IN ACCORDANCE WITH LAWS IN WISCONSIN.|
|08-11-2010||PENALTY OF $100 FOR LATE FILING OF WORKERS COMPENSATION NOTICE OF COVERAGE FORM IN MAINE.|
|07-09-2010||PENALTY OF $250 FOR LATE PAYMENT OF ASSESSMENT IN MASSACHUSETTS.|
|06-11-2010||PENALTY OF $727 FOR LATE FILING OF NOTICE COVERAGE IN NEW HAMPSHIRE.|
|05-21-2010||PENALTY OF $100 FOR LATE FILING OF WORKERS COMPENSATION FORMS IN MAINE. PENALTY OF $283 FOR LATE FILING OF CERTAIN WORKERS COMPENSATION FORMS IN NEW HAMPSHIRE.|
|05-17-2010||PENALTY OF $550 FOR LATE FILING NOTICES IN NEW YORK.|
|03-25-2010||PENALTY OF $550 FOR FAILURE TO PROVIDE A COMPLETE AND TIMELY RESPONSE IN COLORADO.|
|03-09-2010||PENALTY OF $193 FOR LATE FILING OF WORKERS COMPENSATION NOTICE OF COVERAGE IN NEW HAMPSHIRE.|
|03-01-2010||PENALTY OF $1,000 FOR FAILURE TO TIMELY PAY ANNUAL APPOINTMENT INVOICE IN NEVADA|
|02-12-2010||PENALTY OF $100 FOR LATE FILING OF WORKERS COMPENSATION POLICY IN MAINE.|
|10-16-2009||PENALTY OF $664 FOR LATE COVERAGE FILING OF WORKERS COMPENSATION POLICIES IN NEW HAMPSHIRE.|
|10-14-2009||PENALTY OF $3,100 FOR LATE FILING OF WORKERS COMPENSATION NOTICES IN NEW YORK.|
|09-14-2009||PENALTY OF $2,000 FOR LATE PAYMENT OF ASSESSMENT FOR THE INVESTIGATION OF FRAUDULENT CLAIMS IN NEVADA.|
|08-31-2009||PENALTY OF $200 FOR LATE FILING OF WORKERS COMPENSATION POLICY IN SOUTN CAROLINA.|
|08-27-2009||PENALTY OF $167 FOR LATE FILING OF WORKERS COMPENSATION NOTICE OF COVERAGE IN NEW HAMPSHIRE.|
|08-18-2009||PENALTY OF $150 FOR FAILURE TO FILE EVIDENCE OF COVERAGE IN A TIMELY MANNER IN WISCONSIN.|
|06-19-2009||PENALTY OF $150 FOR FAILURE TO TIMELY FILE EVIDENCE OF COVERAGE IN WISCONSIN.|
|05-05-2009||PENALTY OF $500 FOR FIVE INSTANCES OF LATE COVERAGE FILINGS IN SOUTH CAROLINA.|
|03-24-2009||PENALTY OF $500 FOR LATE FILING OF ANNUAL PREMIUM QUOTATIONS IN HAWAII.|
|03-16-2009||PENALTY OF $300 FOR TWO INSTANCES OF LATE REPORTING OF EVIDENCE OF COVERAGE IN WISCONSIN.|
|03-09-2009||PENALTY OF $450 FOR THREE INSTANCES OF LATE WORKERS COMPENSATION FILINGS IN WISCONSIN.|
|02-19-2009||PENALTY OF $200 FOR LATE FILING OF WORKERS COMPENSATION FORM IN FLORIDA.|
|01-30-2009||PENALTY OF $600 FOR ISSUING INSURANCE POLICIES BEFORE THE APPROPRIATE RULE FILING WAS MADE IN OKLAHOMA.|
|01-06-2009||PENALTY OF $500 FOR LATE FILING OF NOTICE OF COVERAGE IN WISCONSIN.|
|12-15-2008||PENALTY OF $100 FOR LATE FILING OF A WORKERS COMPENSATION POLICY IN SOUTH CAROLINA.|
|10-14-2008||PENALTY OF $350 FOR FAILURE TO COMPLY WITH NOTICE TO CARRIER IN WISCONSIN.|
|10-03-2008||PENALTY OF $250 FOR LATE FILING OF A WORKERS COMPENSATION POLICY IN OREGON.|
|09-15-2008||PENALTY OF $600 FOR LATE FILING OF A MALPRACTICE CLAIM REPORT IN TENNESSEE.|
|09-12-2008||PENALTY OF $100 FOR LATE FILING OF A WORKERS COMPENSATION FILING IN SOUTH CAROLINA.|
|09-10-2008||PENALTY OF $485 FOR LATE PAYMENT OF A REGULATORY SURCHARGE IN WASHINGTON.|
|04-15-2008||PENALTY OF $150 FOR FAILURE TO FILE EVIDENCE OF COVERAGE ON A TIMELY BASIS UNDER A WORKERS' COMPENSATION POLICY IN WISCONSIN.|
|03-11-2008||PENALTY OF $100 FOR FAILURE TO FILE A GUARANTY CONTRACT WITHIN 30 DAYS OF COVERAGE IN OREGON. PENALTY OF $150 FOR FAILURE TO FILE TIMELY EVIDENCE OF COVERAGE IN WISCONSIN.|
|01-23-2008||PENALTY OF $1,000 FOR FAILURE TO TIMELY FILE ANNUAL COMPLAINT REPORT IN NEVADA.|
|11-30-2007||PENALTY OF $150 FOR LATE POLICY AND PROOF OF COVERAGE FILING IN UTAH.|
|04-04-2007||PENALTY OF $10,000 FOR SUBMISSION OF INCORRECT EXCESSIVE PROFIT FILINGS IN FLORIDA.|
|10-15-2003||PENALTY OF $21,500 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN FLORIDA.|
|06-22-2001||PENALTY OF $12,500 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN FLORIDA.|
SURVIVOR OF REDOMESTICATION OF AMERICAN ALTERNATIVE INSURANCE CORPORATION (95272) NEW YORK, NEW YORK WITH AMERICAN ALTERNATIVE INSURANCE CORPORATION OF DELAWARE, WILMINGTON, DELAWARE WHO IMMEDIATELY CHANGED NAME TO AMERICAN ALTERNATIVE INSURANCE CORPORATION.
FORMERLY: AMERICAN ALTERNATIVE INSURANCE CORPORATION OF DELAWARE
For names of the company’s current officers, please contact the company at the phone number listed in the Contact Information above or on their website.