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Home > Company Index > Insurance > Property & Casualty Insurance > GAINSCO, INC.

GAINSCO, INC.
NYSE: GNA
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 NEWS FROM THE WIRES
Gainsco reports Q2 loss, job cuts
Aug 09 2001 05:24 PM PDT

More WIRE STORIES about this company

 PROFILE
Well, you wouldn't call an insurance company LOSSCO, would you? GAINSCO's subsidiaries sell nonstandard auto, commercial, general liability, and property/casualty insurance. The company's commercial auto insurance covers local freight haulers and trucking firms; the company also covers the garages in which their fleets are stored. GAINSCO sells general liability and property insurance to small businesses. The firm markets its policies through some 1,200 agency offices. The company has sold its policy management software unit and is exiting the commercial trucking business.

 COMPETITION
Kemper Insurance Companies (dossier)
The St. Paul Companies, Inc. (SPC)
The Hartford Financial Services Group, Inc. (HIG)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 164.70
1-Yr. Sales Growth: 31.2%
Employees: 339
Revenue per employee: $485,840.71

 KEY PEOPLE
• Glenn W. Anderson
    CEO
• Daniel J. Coots
    CFO

 CONTACT INFO
500 Commerce St.
Fort Worth, TX 76102
US
Phone: 817-336-2500
Fax: 817-335-1230
Online: Web Site

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