Business Services Industry
GAINSCO, Inc. Declares Regular Quarterly Cash Dividend
Business Wire, Feb 18, 1997
FORT WORTH, Texas--(BUSINESS WIRE)--Feb. 18, 1997--GAINSCO, INC. (NYSE:GNA), announced the declaration of its regular quarterly cash dividend of $0.015 per share payable on April 15, 1997, to shareholders of record on March 31, 1997.
GAINSCO, INC. is a vertically integrated property and casualty insurance holding company specializing in underwriting excess and surplus lines. Its insurance companies are General Agents Insurance Company of America Inc., MGA Insurance Company, Inc. and GAINSCO County Mutual Insurance Company and they are all rated "A " (Superior) by A.M. Best. The insurance service subsidiaries include General Agents Premium Finance Company, which offers premium financing programs for general agents in connection with their marketing activities and Agents Processing Systems, Inc., which markets a computer software policy management system to general agents.
CONTACT: GAINSCO, INC., Fort Worth
Joseph D. Macchia
817/336-2500
or
Makovsky & Company, Inc.
Tim Wallace, 212/508-9600
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