Thursday, May 17, 2012
HARRISBURG, Pa. - A Pennsylvania judge on May 3 denied a request by the liquidator of Penn Treaty Network America Insurance Co. and American Network Insurance Co. to convert the rehabilitations of both insurers into liquidations (Michael F. Consedine, Pennsylvania insurance commissioner v. Penn Treaty Network America Insurance Co. and American Network Insurance Co., No. 5 MD 2009 & 4 MD 2009, Pa. Cmwlth.). From Mealey's Litigation Report: Insurance Insolvency
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