Looks like it's close to the end for Penn Treaty...Penn Treaty Pushed Toward Biggest Insurer Failure Since 2004 - Bloomberg.com
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Thanks, Russ (I guess ).
Now how do we explain this to our clients?
Looks like it's close to the end for Penn Treaty...Penn Treaty Pushed Toward Biggest Insurer Failure Since 2004 - Bloomberg.com
Thanks, Russ (I guess ).
Now how do we explain this to our clients?
You really didn't think that the were going to pay claims anyway did ya?
They are on Clark Howard's list (That guy on CNN) of companies not to buy from. Seems according to the NEW York Times, they do their best to underwrite at claim time. (years later)
If it's the same story about LTCi I'm thinking of, Bankers and Penn Treaty were highlighted for doing that.