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	<title>GAINSCO Inc. Archives - Insurance Journal</title>
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		<title>In a First, State Farm to Acquire Texas Nonstandard Auto Insurer GAINSCO</title>
		<link>https://www.insurancejournal.com/news/southcentral/2020/09/17/583051.htm</link>
		
				<pubDate>Thu, 17 Sep 2020 21:23:14 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[Texas / South Central News]]></category>
		<category><![CDATA[2020 M&A]]></category>
		<category><![CDATA[Business Moves & Mergers]]></category>
		<category><![CDATA[GAINSCO Inc.]]></category>
		<category><![CDATA[MGA Insurance Co. Inc. (MGA)]]></category>
		<category><![CDATA[nonstandard auto insurance]]></category>
		<category><![CDATA[State Farm Mutual Automobile Insurance Co.]]></category>
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							<description><![CDATA[State Farm Mutual Automobile Insurance Co. is acquiring Dallas-based nonstandard auto insurer, GAINSCO, in a $400 million cash transaction. It will be the first time in State Farm&#8217;s 98-year history that it has acquired an insurance company, the company said. &#8230;]]></description>
		
		
		
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		<title>Outlook for Texas&#8217; MGA Insurance Issuer Credit Rating Revised to Positive</title>
		<link>https://www.insurancejournal.com/news/southcentral/2020/06/25/573559.htm</link>
		
				<pubDate>Thu, 25 Jun 2020 16:25:01 +0000</pubDate>
				<category><![CDATA[Texas / South Central News]]></category>
		<category><![CDATA[AM Best outlook revision]]></category>
		<category><![CDATA[GAINSCO Inc.]]></category>
		<category><![CDATA[MGA Insurance Co. Inc. (MGA)]]></category>
		<category><![CDATA[non-standard auto]]></category>
		<category><![CDATA[outlook revised to positive]]></category>
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							<description><![CDATA[AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of &#8220;bbb&#8221; of MGA Insurance Co. Inc. (MGA), &#8230;]]></description>
		
		
		
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		<title>Expanding Beyond Insurance, GAINSCO Buys Automobile Dealership</title>
		<link>https://www.insurancejournal.com/news/southcentral/2013/12/11/313891.htm</link>
		
				<pubDate>Wed, 11 Dec 2013 13:20:39 +0000</pubDate>
				<category><![CDATA[Texas / South Central News]]></category>
		<category><![CDATA[dallas]]></category>
		<category><![CDATA[GAINSCO Inc.]]></category>
		<category><![CDATA[Texas]]></category>
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							<description><![CDATA[Dallas-based GAINSCO Inc. announced that it has expanded its business offerings beyond that of strictly a non-standard personal automobile insurance writer and servicer, and entered the business of owning and operating a franchised automobile dealership. Effective Nov.13, 2013, GAINSCO, through &#8230;]]></description>
		
		
		
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