American Millennium Insurance Company (AMIC)

AMIC (rated B+ by A.M. Best) is focused on the transportation industry in New Jersey. At its core, AMIC insures a large market share of New Jersey’s taxis and limousines. In addition, AMIC is a niche writer of New Jersey trucking business, specifically owner-operator and small fleet motor carriers.  American Millennium is supported by its parent, Citadel Reinsurance Company Limited (Citadel Re), a Bermuda-domiciled reinsurer rated A- by A.M. Best. Citadel Re acquired AMIC in October 2011 and promptly restructured the reinsurance program as well as strengthened reserves and capital surplus. AMIC is licensed in Arizona, Florida, New Jersey, North Carolina, Pennsylvania, South Carolina, Texas and Washington DC.