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Liquidator Can't Use Insurers' Assets To Exceed Benefit Caps

By Matt Fair (July 12, 2021, 5:05 PM EDT) -- A Pennsylvania court shot down a bid by the liquidator for two defunct providers of long-term care insurance to allow policyholders to reap the full amount of coverage their policies entitled them to despite caps set by various state guaranty associations that have since assumed responsibility for paying their claims....

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