GAINSCO is doing business in the Keystone State
GAINSCO is now insuring drivers on the roads of Pennsylvania! We are happy to be able to help protect drivers on their journeys through the Chocolate Capital. “We are very excited to begin our official launch into our 21st state serving the Independent Agents of Pennsylvania! While specializing in the Non-Standard auto insurance customer, GAINSCO Auto…
Maryland Makes 20!
We are excited to announce that GAINSCO Auto Insurance is expanding our services to Maryland! As a leading provider of nonstandard auto insurance, we now offer coverage to residents in your state. Maryland’s diverse terrain, comprised of plains, beaches, and mountains, provides endless opportunities for adventure. We are thrilled to be able to protect drivers…
GAINSCO Auto Insurance Rolls Out in Oregon
GAINSCO is happy to announce our rollout in the Beaver State. Oregon is now our 19th state where customers can obtain GAINSCO Auto Insurance. It’s our last state to launch in 2022 after Mississippi. Audrey Douglas, Director of Field Sales Southwest, believes, “this expansion marks significant growth for our company and an even greater opportunity…
GAINSCO Adds Mississippi to Growing List of Operational States
GAINSCO is excited to announce our latest expansion to The Magnolia State. Mississippi represents our 18th active state where customers can acquire GAINSCO policies, and it is our first new state expansion of 2022. In 2021, we welcomed three new states: Wisconsin, Missouri, and Illinois. “We’re excited to help Mississippi independent agents provide nonstandard customers…
GAINSCO Auto Insurance® Keeps Growing With Expansion to Wisconsin
Here we grow again! GAINSCO has continued to expand our nonstandard auto insurance presence progressively, and we’re excited to announce Wisconsin as our newest state addition. Wisconsin is the third state expansion for GAINSCO in 2021, closely following our recent launch in Missouri and our entry into Illinois in March. Wisconsin is the 17th state…
GAINSCO Auto Insurance® Expands to Missouri
Hello, Missouri! GAINSCO has officially expanded our nonstandard auto insurance product to the Show-Me State. Missouri is our second state expansion in 2021, following our launch into Illinois in March. “We’re excited to offer Missouri agents appointed by GAINSCO the opportunity to expand their customer base through our unique product offering, and we look forward…
GAINSCO Auto Insurance® Southeast Regional Office Named a 2021 Top Workplace by South Florida Sun-Sentinel
GAINSCO is excited to announce the inclusion of our Miami office in South Florida Sun-Sentinel’s “Top Workplaces for 2021” list! This is the fifth time in the last six years that our Miami office has been recognized as a top workplace by South Florida Sun-Sentinel. According to South Florida Sun-Sentinel, the Top Workplaces program is…
AM Best Upgrades the Financial Strength Rating of GAINSCO Auto Insurance®
We’ve officially made the grade! AM Best, the insurance industry’s leading rating agency, recently upgraded its financial strength rating of GAINSCO’s principal insurance subsidiary, MGA Insurance Company, Inc. (GAINSCO Auto Insurance®), from a B++ to an A-. The new rating puts our company in the “Excellent” category for financial strength, further solidifying the impact of…
State Farm® Closes Purchase of GAINSCO
BLOOMINGTON, Ill., December 31, 2020 – In September, State Farm Mutual Automobile Insurance Company announced an agreement to acquire non-standard auto insurer GAINSCO for approximately $400 million in cash. The transaction closed on Dec. 31. The closing finalizes the first acquisition of an insurance company by State Farm in the company’s 98-year history. In the…