Which type of insurance company is NOT categorized as an 'Alien' company?

To understand why a company formed in Florida is not categorized as an 'Alien' company, it's essential to define what an 'Alien' insurance company is in the context of insurance regulations. An 'Alien' insurance company is one that is incorporated or formed outside the United States. This classification includes companies formed in other countries, such as London or any country outside the U.S. This differs from a domestic company, which is one that is formed in the state where it operates—in this case, Florida.

A company formed in Florida would be considered a domestic company since it was established within the state’s jurisdiction and is governed by Florida laws. On the other hand, a company formed in another U.S. state is categorized as a foreign company relative to Florida; it is not domestic, but it is also not alien as it operates within the United States.

In summary, a company organized in Florida is categorized as domestic, thereby distinguishing it clearly from the alien classification, which pertains specifically to companies formed outside the U.S.