SETTLEMENT AGREEMENT AND RELEASESettlement Agreement and Release • July 31st, 2012 • Penn Treaty American Corp • Accident & health insurance
This Settlement Agreement and Release (“Agreement”) is made as of July 20, 2012, by and between Michael F. Consedine, Insurance Commissioner of the Commonwealth of Pennsylvania, in his official capacity as Rehabilitator of Penn Treaty Network America Insurance Company (the “Rehabilitator” of “PTNA”), and Penn Treaty American Corporation (“PTAC”) (collectively, the “Parties”).
