GANS
Gainsco, Inc. New Common Stock
stock OTC

GAINSCO is a Dallas, Texas-based holding company established in 1978 in Fort Worth, Texas by Joseph Macchia, who resigned from the enterprise in 1998 to pursue other interests.[citation needed] GAINSCO's insurance operation was originally chartered as an underwriter of Commercial risks; operations that were discontinued and placed in a run-off in 2002.[citation needed] The Company marketed its commercial insurance through managing general agents, using "GAINSCO" and the block super-scribed letters "GA" as its primary logo identifiers. These were derived from the abbreviated version of the name of the Company's its primary insurance subsidiary at that time, General Agents Insurance Company of America, Inc. This commercial insurance company was sold in 2007.