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Md. Guaranty Corp. to cover Penn Treaty policy holders

The Maryland Life and Health Insurance Guaranty Corp. will provide long-term care insurance coverage to Penn Treaty and American Network policyholders who live in Maryland. The Pennsylvania-based Penn Treaty was ordered to liquidate last month. Its assets are projected to be depleted by 2018. The assets of an affiliate, American Network, are expected to be depleted by 2023. The ...

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