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About Liquidation

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:

Announcements

A letter was mailed to policyholders on March 21 to provide information about liquidation and the continuation of policyholder coverage through guaranty associations. Policyholders will also receive a letter notifying them of their specific guaranty association and its coverage limit.

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