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Pennsylvania shuts down insurance company

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Posted 6:34PM on Thursday 23rd May 2002 ( 23 years ago )
HARRISBURG, PENNSYLVANIA - The Pennsylvania Insurance Department has ordered the shutdown of a company that sold medical and hospitalization coverage to independent truckers and others in the transportation field. <br> <br> The state said OTR. Truckers Association Incorporated, a Pennsylvania domestic company, and Over the Road Truckers Healthcare Fund of Georgia -- collectively known as OTR -- were never licensed or authorized to transact business in Pennsylvania. <br> <br> Insurance Commissioner Diane Kiken said, ``We&#39;ve closed down their operations in Pennsylvania because we believe they could do irreparable harm to consumers.&#39;&#39; <br> <br> At least 53 state residents participated in the OTR plan, which had offices in East Norriton and Plymouth Meeting, outside Philadelphia.

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