Cp5.5 - custom caption not formatting

Hello,

I've created some captions based off the 'Adobe Blue' caption.  All I did was change the color of the outline to match our corporate branding colors.

I duplicated the graphics and duplicated the FCM file.

I can create a caption with the Adobe Blue 5 caption and the text aligns itself properly within the white area of the caption.

However when I change to my caption of the same style, the text aligns itself to the bounding box, not the white area of the caption 'bubble.'  That is, if I use style 1 or style 5 the text stays in the same position while the graphic changes.

I've cleared cache and removed my preference file, but no change.

Any suggestions?