Penn Treaty Network America Insurance Company
and American Network Insurance Company are in Liquidation
On March 1, 2017, the Commonwealth Court of Pennsylvania issued orders placing Penn Treaty and American Network in liquidation. The orders were issued after the Pennsylvania Department of Insurance recommended liquidation for both companies.
As of March 1, 2017, the life and health insurance guaranty associations in the states where Penn Treaty and American Network were licensed to do business have assumed responsibility for their policies. This includes continuing coverage and paying eligible claims, subject to guaranty association coverage limits and the terms and conditions of coverage.
The guaranty associations have contracted for Penn Treaty to administer policies using Penn Treaty’s existing computer systems, policy/claim records, and staff. All policy/claims administration phone numbers and mailing addresses will remain the same.
Follow the links below to learn more about liquidation:
A letter was mailed to policyholders on March 21 to provide information about liquidation and the continuation of policyholder coverage through guaranty associations.
Click on the following links to read the contents of the March 21 mailing:
Letter to Policyholders about Liquidation of Penn Treaty and American Network
Frequently Asked Questions
Policyholders were also mailed letters notifying them of their specific guaranty association and its coverage limit. The following is an example of the letter that was mailed. If you are a policyholder and did not receive this letter, or if you would like to request another copy of the letter, please call Policyholder Services 1-800-362-0700.
Guaranty Association Coverage Letter
Mail: PO Box 7066, Allentown, PA 18105-7066
Email: email@example.com or contact us online