About GAINSCO
Driven to Protect the Road Ahead
GAINSCO Auto Insurance® is a property and casualty insurance company focused on the non-standard personal auto insurance market, specializing in minimum-limits personal auto coverage. In December 2020, State Farm Mutual Automobile Insurance Company acquired GAINSCO, Inc. and its subsidiaries, strengthening GAINSCO’s ability to grow and expand its reach in the personal auto insurance market while continuing to build on its decades of specialized expertise.
Today, GAINSCO sells policies in multiple states through independent agents, State Farm agents, and direct-to-consumer digital channels. Our insurance operations are conducted through MGA Insurance Company, Inc.
We are driven to fuel our customers’ journeys with trusted auto insurance solutions, exceptional service, and the peace of mind that lets them focus on the road ahead. Delivering on this mission requires perseverance, commitment, and a shared belief in doing our best every day. We call this our Championship Spirit- a mindset that inspires each of us to perform at our highest level, individually and as a team, as we serve others and move the business forward. Through GAINSCO, you will find:
01
Insurance policies that are flexible and easy to customize to your needs
02
A highly competitive price designed to save you money
03
Superior customer support and claims handling
Our Team
Michael S. Johnston Chief Executive Officer
Michael S. Johnston has served as Chief Executive Officer of the company since January 1, 2024, and has been with GAINSCO for 30 years. In his first 25 years, Michael was a driving force in the Miami Regional Office, providing leadership for the Southeast Regional Operation. In 2018, Michael relocated to Dallas where he played a key role in reshaping Field Operations in Dallas. Michael was named Chief Operating Officer in May 2021, and in November 2022, he was additionally appointed President of the company.
Senior Management
Gregory A. Castleman Chief Operating Officer
Daniel B. Svob SVP, Chief Financial Officer
Brian C. Dosser SVP, Chief Compliance Officer
Phillip J. West SVP, Chief Information Officer
Jessica M. Friedman SVP, Field Operations
Drew F. Nachowiak Chief Legal Officer and SVP, HR
Nicole M. Vertal SVP, Chief Customer Experience Officer
Linda Jacob SVP, Chief Actuary
GAINSCO, Inc. is a U.S. holding company specializing in automobile insurance. GAINSCO was established in 1978 as a Texas corporation and is based in Dallas, Texas. GAINSCO’s insurance company subsidiary is MGA Insurance Company, Inc., which sells auto insurance policies under its brand name, GAINSCO Auto Insurance®. State Farm Mutual Automobile Insurance Company purchased GAINSCO, Inc. and its subsidiaries on December 31, 2020.
- MGA Insurance Company, Inc.
Licensed, admitted insurer in several states
State of Domicile: Texas
Commenced Business: August 13, 1981 - A.M. Best rating
“A-” (Excellent) - Statutory home office address
1415 State St
Richardson, TX 75082 - Administrative office address
1415 State St
Richardson, TX 75082
Get a GAINSCO Auto Insurance Policy
GAINSCO sells our insurance policies through independent partner agents and website comparison shopping places who, like us, are driven to provide outstanding service, support, and the best price. Call us at 1.866.GAINSCO to find an agent near you. If you prefer to shop online, get a no obligation quote now from GAINSCO.