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.
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
