LTC RE IS A PROTECTED CELL CAPTIVE INSURANCE COMPANY FORMED BY THE NATIONAL ORGANIZATION OF LIFE AND HEALTH GUARANTY ASSOCIATIONS, WHOSE MEMBERS ARE LIFE AND HEALTH INSURANCE STATE GUARANTY ASSOCIATIONS AFFECTED BY THE INSOLVENCY OF PENN TREATY NETWORK AMERICA INSURANCE COMPANY AND/OR ITS WHOLLY OWNED SUBSIDIARY, AMERICAN NETWORK INSURANCE COMPANY. THE MEMBERS REINSURE THEIR OBLIGATIONS TO LTC RE TO SERVICE THE COVERED POLICYHOLDERS.THE GUARANTY ASSOCIATIONS PROVIDE THE INSURANCE INDUSTRY AND ITS CONSUMERS WITH A SAFETY NET IN THE EVENT A LIFE AND HEALTH INSURANCE COMPANY BECOMES INSOLVENT AND UNABLE TO PAY CLAIMS.
Reported officers (all unpaid)
No paid executives reported in 2024. PENN TREATY PROTECTED CELL OF LTC RE reported 16 unpaid officers and board members on its 990.
What Community Improvement & Capacity Building executives earn in District of Columbia
PENN TREATY PROTECTED CELL OF LTC RE reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in District of Columbia earns a median of $216,500.
These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 315 organizations across 315 filings (2021 – 2024).
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