When it is determined an insurance company isn't able to pay its claimants and creditors, a court can order the company into either a receivership for rehabilitation or liquidation. Photo: Shutterstock.com
An Oklahoma District Court approved an order of liquidation for Go Insurance Company, also known as Peachtree Insurance Company, on March 8, 2024, as a result of the company's financial insolvency. The Oklahoma Receivership Office reports that all policies with Go Insurance were terminated and all coverage canceled effective no later than April 8.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
