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GAINSCO DECLARES REGULAR QUARTERLY CASH DIVIDEND

 GAINSCO DECLARES REGULAR QUARTERLY CASH DIVIDEND
 FORT WORTH, Texas, Aug. 18 /PRNewswire/ -- Gainsco, Inc. (AMEX: GNA)


today announced the declaration of its regular quarterly cash dividend of 1 cent per share, payable on Oct. 15, 1992, to shareholders of record on Sept. 30, 1992.
 Gainsco, Inc., is a vertically integrated property and casualty insurance company specializing in underwriting and marketing excess and surplus lines. The company's subsidiaries include General Agents Insurance Company of America, Inc., an Oklahoma corporation; General Agents Premium Finance Company, which offers premium financing programs for general agents in connection with their marketing activities; Agents Processing Systems, Inc., which markets a computer software policy management system to general agents; and Risk Retention Administrations, Inc., which assists managing general agents in forming and operating risk retention groups. In addition, General Agents Insurance Company of America, Inc. operates a wholly owned subsidiary, MGA Insurance Company, Inc., which is the sole owner of MGA Agency, Inc., the company's marketing arm.
 -0- 8/18/92
 /CONTACT: Lynn Morgen or Michele Katz of Morgen-Walke Associates, 212-986-5900, for Gainsco/
 (GNA) CO: Gainsco, Inc. ST: Texas IN: INS SU: DIV


GK-CK -- NY026 -- 0874 08/18/92 10:23 EDT
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Publication:PR Newswire
Date:Aug 18, 1992
Words:195
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