C
The Service Ins Co (NJ)
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
4.61
Risk Adjusted
Capital Ratio #2
3.22
Loss
Ratio
12.16%
Total
Assets
21.92M
Capital
13.84M
Net
Premiums
2.52M
Net
Income
694.77K
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Weiss Ratings The Service Ins Co (NJ)
West Orange, NJ 		Click to
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Rating C
Capitalization Index 10.00
Investment Safety Index --
Liquidity Index 7.50
Profitability Index 8.40
Reserve Adequacy Index 9.20
Stability Index 3.50
Company Info The Service Ins Co (NJ)
West Orange, NJ 		Click to
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Industry P&C
NAIC Number 28240
Phone Number (973) 731-7650
Website www.serviceinsurancecompany.com
Address 80 Main Street West Orange, NJ 07052
Balance Sheet The Service Ins Co (NJ)
West Orange, NJ 		Click to
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Total Assets 21.92M
Capital and Reserves The Service Ins Co (NJ)
West Orange, NJ 		Click to
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Risk-Adjusted Capital Ratio #1 4.61
Risk-Adjusted Capital Ratio #2 3.22
1-Year Reserve Development -70.00%
2-Year Reserve Development -80.00%
Capital 13.84M
Premium to Surplus 20.00%
Reserves to Surplus 10.00%
Investments The Service Ins Co (NJ)
West Orange, NJ 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios The Service Ins Co (NJ)
West Orange, NJ 		Click to
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Medical Loss Ratio --
Cash From Underwriting 110.00%
Combined Ratio 80.00%
Expense Ratio 70.00%
Loss Ratio 12.16%
Net Premium Growth -10.00%
Other Medical The Service Ins Co (NJ)
West Orange, NJ 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability The Service Ins Co (NJ)
West Orange, NJ 		Click to
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Net Income 694.77K
Net Premium 2.52M
Health Premium --