Regulators to Liquidate Firm

Lysiak, Fran Matso
November 2009
Best's Review;Nov2009, Vol. 110 Issue 7, p14
Trade Publication
The article reports that the Pennsylvania Department of Insurance has filed petitions for the liquidation of Allentown, Pennsylvania-based Penn Treaty Network America Insurance Co. and its subsidiary American Network Insurance Co. Long-term care insurance has been sold by both firms to more than 120,000 policyholders. The total assets of Penn Treaty is about $1.1 billion.


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