GAINSCO, INC. (NYSE Amex: GAN) States That its Policy is Not to Comment on Unusual Market Activity

Oct 27, 2010, 15:16 ET from GAINSCO, INC.

DALLAS, Oct. 27 /PRNewswire/ -- In view of the unusual market activity in the stock of GAINSCO, INC. (NYSE Amex: GAN), the NYSE has contacted the Company in accordance with its usual practice.  GAINSCO, INC. stated that its policy is not to comment on unusual market activity.

GAINSCO, INC. is a Dallas, Texas-based holding company established in 1978.  The Company, through its insurance brand, GAINSCO Auto Insurance®, specializes in minimum-limits personal auto coverage and actively distributes its nonstandard personal auto products through independent retail agents in Florida, Georgia and South Carolina (Southeast Region) and in Arizona, New Mexico and Texas (Southwest Region).  Its insurance company subsidiary is MGA Insurance Company, Inc.