Penn Treaty Network America Insurance Company

Penn Treaty Network America Insurance Company (NAIC 63282) is an insolvent life and health insurer whose estate is administered through the Pennsylvania insurance receivership system. The Pennsylvania Insurance Department notes that Penn Treaty and its affiliated company American Network entered liquidation on the same day, with policyholder servicing handled through designated administrators and state guaranty associations. Public guaranty-association and receivership materials describe a long period of court-supervised rehabilitation before liquidation. NOLHGA materials explain that the companies had been under rehabilitation since 2009, with policy and claim administration supervised by the Pennsylvania Insurance Commissioner from Allentown, Pennsylvania, before they were placed into liquidation in March 2017. This kind of multi-year rehabilitation is common when an insurer has long-duration liabilities that require careful runoff planning. Penn Treaty's story is often associated with the industry-wide difficulty of pricing and reserving for long-term care and other guaranteed benefit blocks. When claims emerge over decades and lapse behavior changes, the result can be capital strain that is difficult to cure quickly. Resolution in this setting typically centers on an orderly runoff, guaranty-association coordination, and asset recovery efforts managed by the receiver. Because the company is in liquidation, public sources focus on policyholder directions rather than ongoing ratings, marketing, or new product strategy. Reinsurance may play a role in any estate, but the publicly available guidance emphasizes the receivership framework itself: court oversight, state regulator control, and guaranty association protections designed to maintain continuity of coverage within statutory limits.

https://www.pa.gov/agencies/insurance/resources/consumer-resources/failed-insurance-companies/penn-treaty-network-america-insurance-company.html | https://www.penntreaty.com/ainic/Claims/Facility-Claims | https://www.nolhga.com/companies/public/main.cfm/NAICCode/63282/GAID/100

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