A.M. Best Withdraws Ratings of UnitedHealthcare of New Jersey, Inc. Following Affiliate Merger.OLDWICK, N.J. -- A.M. Best Co. has withdrawn the financial strength rating (FSR (Free System Resource) In Windows 3.x, the amount of unused memory in various 64K blocks reserved for managing current applications. Every open window takes some space in this area. See Windows memory limitation. ) of A- (Excellent) and the issuer credit rating (ICR (Intelligent Character Recognition or Image Character Recognition) The machine recognition of hand-printed characters as well as machine printing that is difficult to recognize. ) of "a-" of UnitedHealthcare of New Jersey, Inc. (Fairfield, NJ), a former subsidiary of UnitedHealth Group Inc. (Minnetonka, MN) [NYSE NYSE See: New York Stock Exchange : UNH Unh The symbol for the element unnilhexium. ]. Effective December 31, 2006, UnitedHealthcare of New Jersey, Inc. was merged into Oxford Health Plans (NJ), Inc. (Iselin, NJ). The FSR and ICR of Oxford Health Plans (NJ), Inc. are unchanged by this transaction. For Best's Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. For more information, visit www.ambest.com. |
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