Restores WordPress default functionality prior to version 4.7 where image ALT attributes were automatically generated and put into the HTML code. The ALT attributes were generated from the Caption (if it exists) else from the Title (if it exists) of the image in the Media Library. This plugin utilises Titles in generating ALT text, but does not utilise Captions. The Title used by this plugin, is the main Title of the image as found in the Media Library, not the HTML TITLE attribute of the image (that is something else, which this plugin ignores).

Automatic image ALT attributes

This feature is a time saver for me as my site is image oriented.

Thanks

Automatically generates ALT attributes in image HTML. Restoring WordPress < 4.7 functionality.

Vadim Bogaiskov

Media file (image) does not contain field for title attribute, only for alt attribute.
Plugin add text into title attribute from alt attribute when image is inserted into post if title attribute is empty.
As alternative see plugin <a href="https://wordpress.org/plugins/restore-image-title" rel="ugc">‘Restore Image Title’</a> by Les Bessant. 
The ‘Restore Image Title’ inserted the post title into title attribute.

Title like Alt

Restores the title attribute from Alt attribute when images are inserted into posts

Automatic image ALT attributes vs Title like Alt