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…

Read More

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,…

Read More

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…

Read More
1 6 7 8 9