Pennsylvania Appeals Judge Approves Settlement Agreement In Insurers’ Liquidation

(January 9, 2024, 10:10 AM EST) -- HARRISBURG, Pa. — A Pennsylvania appellate court judge issued an order granting an application for approval of a settlement agreement and approved the settlement agreement filed by the Pennsylvania insurance commissioner to settle the claims against Penn Treaty Network America Insurance Company and its subsidiary American Network Insurance Co., companies in liquidation, made by various state guaranty associations responsible for satisfying the companies’ policy obligations....