WebJan 19, 2024 · Gainsco focuses on offering the minimum car insurance required by state. It also offers the following options: SR-22 and FR-44 forms: Many states require that your … WebSep 17, 2024 · Dallas-based Gainsco has agreed to be acquired by State Farm in a $400 million deal, according to a Thursday news release. The deal, in which State Farm has agreed to purchase all of...
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WebApr 4, 2024 · State Farm will not provide a quote for a driver with a DUI online, so you will have to speak to an agent. It is worth noting that GAINSCO, which is a subsidiary of MGA Insurance Company, was acquired by State Farm at the start of 2024 and will continue to operate as a separate company. GAINSCO car insurance rates compared to other … WebJan 25, 2024 · In September, State Farm agreed to buy nonstandard insurance provider Gainsco for about $400 million in cash. It is State Farm’s first acquisition of another insurance company in its 98-year ... pick a number between 1-16
State Farm to acquire GAINSCO in its first-ever acquisition
WebState Farm Mutual Automobile Insurance Company, America’s largest property and casualty insurance provider, and GAINSCO, Inc. announced today that they have entered into an agreement pursuant to which State Farm will acquire GAINSCO for approximately $400 million in cash. The transaction is expected to close in early 2024, subject to … WebSep 17, 2024 · State Farm on Thursday announced its first purchase of a fellow carrier in its 98-year-old history: a $400 million cash deal for nonstandard auto insurer GAINSCO. WebSep 17, 2024 · State Farm is acquiring insurance company GAINSCO Inc. in a $400 million agreement announced Thursday. The acquisition is the first of its kind in State Farm’s 98-year history, according to a company press release.The deal is expected to close in 2024, after approval by GAINSCO’s shareholders, as well as regulatory approval. top 10 lab grown diamond companies in india