GAINSCO Subsidiaries Upgraded

GAINSCO Inc., headquartered in Dallas, announced that A.M. Best Company has upgraded the financial strength rating of General Agents Insurance Company of America Inc. and MGA Insurance Company Inc., both members of the General Agents Group, to “B” (Fair) from “B-” (Fair).

GAINSCO’s nonstandard personal automobile insurance products are distributed through retail agents in Arizona, California, Florida, Nevada and Texas.