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GAINSCO was established in October 1978 as a Texas corporation. Through our subsidiaries, we engage in the property and casualty insurance business, concentrating our efforts on the nonstandard personal automobile market. Our insurance operations are presently conducted through MGA Insurance Company, a Texas corporation.
The only line of insurance we currently write is nonstandard personal auto, which we write on classes of risks which are not generally insured by many of the standard companies. We predominantly write coverage in the minimum limits permitted by the states in which we operate.
We market our nonstandard personal auto line of insurance on an admitted basis through independent agency locations in Arizona, Florida, Georgia, Nevada, New Mexico, South Carolina, Texas and one general agency in California. | 
