Gainsco, Inc. is a property and casualty insurance company concentrating its efforts on the non-standard personal automobile market in Florida, as it concurrently exits its commercial insurance business. The Companys insurance operations for most of 2002 were conducted through four insurance companies: General Agents Insurance Company of America, Inc., MGA Insurance Company, Inc., GAINSCO County Mutual Insurance Company and Midwest Casualty Insurance Company. During 2002, the Company was approved to write insurance in 47 states and the District of Columbia on a non-admitted basis, and in 44 states and the District of Columbia on an admitted basis. Gainsco markets its personal lines of insurance through over 550 non-affiliated retail agencies, and previously marketed its commercial lines of insurance through 200 non-affiliated general agency offices. Approximately 70% of the Companys gross premiums written during 2002 resulted from risks located in Florida.