What type of insurance company operates in Alabama but was created in Florida?

A foreign insurance company is defined as one that is incorporated in one state but operates in another state. In this context, since the company was created in Florida and is conducting business in Alabama, it qualifies as foreign to Alabama. This is crucial for understanding regulatory aspects, as foreign insurers must adhere to both their home state laws (in this case, Florida) and the laws of the states where they operate.

Other terms like domestic, which refers to insurers operating in the state where they were incorporated, and alien, which pertains to companies incorporated outside the United States, do not apply here. Admitted refers to the status of an insurer being authorized to operate in a specific state, but it does not define the origin of the company. Thus, identifying the company as foreign accurately describes its relationship to Alabama's regulatory framework.