Penn Treaty and American Network, based in Allentown, PA, were placed in liquidation by the Commonwealth Court of Pennsylvania on March 1, 2017, following a recommendation by the Pennsylvania Department of Insurance. The life and health insurance guaranty associations in the states where they were licensed have assumed responsibility for their policies, providing coverage and paying eligible claims within the limits and conditions of the guaranty association coverage.
Policy and claims administration for Penn Treaty and American Network policies are being handled by either the guaranty associations or a third-party administrator (TPA) on behalf of the associations. TriPlus Services, Inc., now known as Davies Life Health, Inc., serves as the TPA for policies covered by all guaranty associations except Hawaii, Illinois, and Wisconsin.
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