Virginia Life, Accident & Sickness Insurance Guaranty Association
>Virginia Life, Accident & Sickness Insurance Guaranty Association
Helping Virginia's policyholders
when they need it the most.
Welcome
Welcome to the Virginia Life, Accident & Sickness Insurance Guaranty Association ("guaranty association") Web site. We hope you find this site helpful in providing information regarding the purpose of the guaranty association and how it protects resident policyholders in the event of an insurance company insolvency.
Announcements:
2022 Assessments
Currently, there are no plans for a class A assessment billing in 2022. The need for a class B assessment will be reviewed at the Annual Board Meeting in late September; if approved, it will be billed in the fourth quarter. A Penn Treaty class B assessment is likely.
Liquidation Orders Entered for Penn Treaty & American Network Insurance Companies
On March 1, 2017, Penn Treaty Network America Insurance Company (Penn Treaty) and its wholly owned subsidiary, American Network Insurance Company (ANIC), were placed in liquidation by orders of the Commonwealth Court of Pennsylvania. Click here for a set of FAQs addressing the Penn Treaty/ANIC liquidations.
