State Farm to buy non-standard auto specialist Gainsco for $400mn

US insurance giant State Farm has agreed a deal to buy non-standard auto (NSA) insurer Gainsco for around $400mn in cash in what represents its first acquisition of an insurance company in its 98-year history.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com

      M&A
      Personal auto
      State Farm
      US / Americas