In a First, State Farm to Acquire Texas Nonstandard Auto Insurer GAINSCO September 17, 2020 State Farm Mutual Automobile Insurance Co. is acquiring Dallas-based nonstandard auto insurer, GAINSCO, in a $400 million cash transaction. It...
Outlook for Texas’ MGA Insurance Issuer Credit Rating Revised to Positive June 25, 2020 AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed...
Expanding Beyond Insurance, GAINSCO Buys Automobile Dealership December 11, 2013 Dallas-based GAINSCO Inc. announced that it has expanded its business offerings beyond that of strictly a non-standard personal automobile insurance...