2017 Aug, 8

GAINSCO Announces Special Cash Dividend

DALLAS, Texas, August 8, 2017 – GAINSCO, INC. (the “Company”) (Pink Sheets: GANS) today announced that its board of directors approved a special cash dividend of $1.50 per share. The special dividend will be payable on August 30, 2017 to shareholders of record on August 18, 2017. The Company believes that, at its current size, [...]

2017 Mar, 20

ITC Launches GAINSCO Buy Now in TurboRater for Websites in Texas

Insurance Technologies Corporation (ITC), a provider of websites, marketing, rating and management software and services, announced today it has launched GAINSCO Auto Insurance® (http://www.gainsco.com) Buy Now in Texas in its online consumer rater TurboRater for Websites. When a consumer visits an insurance website that has TurboRater for Websites and gets a comparison quote for multiple [...]

2017 Mar, 10

GAINSCO/Bob Stallings Racing Introduces New Website

(Dallas, TX) March 10, 2017 – GAINSCO/Bob Stallings Racing announced today the launch of their newly revamped website, www.GAINSCOracing.com.   The new home of the Red Dragon™, the No. 99 GAINSCO Auto Insurance® Porsche 911 GT3 R, chronicles the day-to-day news, results and history of the two-time sports car champions and their driver, four-time champion Jon Fogarty. GAINSCO/Bob Stallings [...]

2016 Jun, 30

GAINSCO wins Best Booth at IIAT

Posted on June 29, 2016 by Matt Smith, Communications IIAT: The Results Are In! Congrats to the Trade Show Award Winners Thank you to all the exhibitors who participated in IIAT’s 119th Annual Conference & Trade Show. More than 140 companies were on hand to promote their products and services and meet with IIAT members. [...]

2016 Jun, 29

GAINSCO Announces Special Cash Dividend

DALLAS, Texas, June 29, 2016 – GAINSCO, INC. (the “Company”) (Pink Sheets: GANS) today announced that its board of directors approved a special cash dividend of $2.50 per share. The special dividend will be payable on July 20, 2016 to shareholders of record on July 11, 2016. The Company believes that, at its current size, [...]

2016 Jun, 20

GAINSCO Auto Insurance® was recently named a Top Workplace by South Florida’s Sun-Sentinel

DALLAS, TX, May 31, 2016 – In April, the Sun-Sentinel recognized a number of companies in South Florida as Top Workplaces. GAINSCO was named as one of the Top 35 companies in its size category. Administered by Workplace Dynamics, the Top Workplaces program identifies organizations that excel at organizational health and workplace engagement. GAINSCO’s home [...]

2013 Dec, 9

GAINSCO Announces Purchase of Automobile Dealership

DALLAS, Texas, December 9, 2013 – GAINSCO, INC. (the “Company” or “GAINSCO”) (Pink Sheets: GANS) announced today 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 upon the close of the asset [...]

2012 Dec, 7

GAINSCO Announces Special Cash Dividend

DALLAS, Texas, December 7, 2012 – GAINSCO, INC. (the “Company”) (Pink Sheets: GANS) today announced that its board of directors approved a special cash dividend of $1 per share. The special dividend will be payable on December 27, 2012 to shareholders of record on December 18, 2012. The Company believes that, at its current size, [...]

2012 May, 2

A.M. Best Revises Outlook to “Positive” for GAINSCO Insurance Subsidiary

DALLAS, Texas, May 2, 2012 - GAINSCO, INC. (“GAINSCO” or the “Company”) (Pink Sheets: GANS) today announced that AM. Best, the insurance industry's principal rating agency, revised its official outlook of GAINSCO’s principal insurance subsidiary, MGA Insurance Company, Inc., to “positive” from “stable.” The new outlook reflects the Company’s continuing improvements in profitable operating results [...]

2011 Dec, 9

GAINSCO Announces Special Cash Dividend, Amended Credit Agreement and Racing Sponsorship

DALLAS, Texas, December 9, 2011 – GAINSCO, INC. (the “Company”) (Pink Sheets: GANS) today announced that its board of directors approved a special cash dividend of $2 per share. The special dividend will be payable on December 29, 2011 to shareholders of record on December 20, 2011. The Company believes that, at its current size, [...]

2011 Feb, 7

GAINSCO’s Insurance Subsidiary Upgraded to B+ by A.M. Best

DALLAS, Texas, February 7, 2011 – GAINSCO, INC. today announced that A.M. Best, the principal rating agency of the insurance industry, upgraded the financial strength rating (FSR) of GAINSCO, Inc.’s principal insurance subsidiary, MGA Insurance Company, Inc., to B+ (Good) from B (Fair). The issuer credit rating (ICR) of the insurance company was also upgraded [...]

2011 Jan, 7

GAINSCO, Inc. to Deregister its Common Stock

DALLAS, Texas, January 7, 2011 – GAINSCO, INC. (NYSE Amex: GAN) today announced its Board of Directors approved the voluntary suspension of its duty to file reports with the Securities and Exchange Commission (the “SEC”) and the voluntary deregistration of its common stock. These actions will result in the Company’s common shares no longer being [...]