CareCentrix of New Jersey Inc
Major Rating Factors:
Fair profitability index (4.2 on a scale of 0 to 10) with operating losses during 2021. Return on equity has been low, averaging 3.1% over the last five years. Fair overall results on stability tests (3.4) based on poor risk diversification due to the company's size. Excellent capitalization (6.9) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2020.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NJ
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
6130 Sprint Parkway
Overland Park, KS 66211
Overland Park, KS 66211
Phone Number
(631) 501-7017
NAIC Number
14403
Website
Largest Affiliates
No affiliate information available.