MGA Insurance Company, Inc.

BestLink

AMB #: 002854 NAIC #: 40150 FEIN #: 751767545

Mailing Address
Post Office Box 199023
Dallas, Texas 75219-9023

United States

Web: www.gainsco.com

Phone: 972-629-4301

Fax: 972-629-4401

View Additional Address Information

Administrative Office
3333 Lee Parkway Suite 1200
Dallas, Texas 75219
United States

Domiciliary Address
3333 Lee Parkway Suite 1200
Dallas, Texas 75219
United States

Visit the AM Best Rating Services site for access to this company's Best Rating, Best's Credit Report and other information.

Based on AM Best's analysis, 002479 - State Farm Mutual Automobile Ins Co is the AMB Ultimate Parent and identifies the topmost entity of the corporate structure. View a list of operating insurance entities in this structure.

Company Attributes

Industry:	Insurance
Business:	Property/Casualty
Business Status:	In Business
Entity:	Operating Company
Consolidated Type:	Affiliated Single Company
Organization Type:	Stock
Statement Type:	NAIC PC
Last Statement:	3rd Quarter 2024

Additional Resources

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Reports & Analysis View a list of analytical reports and research related to this company and/or the industry segment in which it operates.

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Available Reports

Best's Credit Report and Best's Credit Report - Archive - Best's Credit Report provides commentary & analysis of the company's performance. The archive provides a historical look at the company's performance and ratings over time.

Best's Financial Report - Financial data included in Best's Financial Report reflects the most current data available to AM Best, including updated financial exhibits and additional company information, and is available to subscribers of Best's Insurance Reports.

Total Assets

Available ReportsDirect Premiums Written - Top Lines of Business

Recent News Articles

See a complete list of news, research and press releases associated with this company and its AM Best Group from Best's News and Best's Research.

AM Best Affirms Credit Ratings of State Farm Mutual Automobile Insurance Company and Core Subsidiaries AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and ... Source: BestWire News Publish Date: October 18, 2024 Access the full article
AM Best Affirms Credit Ratings of State Farm Mutual Automobile Insurance Company and Core Subsidiaries AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and ... Source: Press Release Publish Date: October 18, 2024 Access the full article
State Farm General Says It Seeks Major California Property Rate Hikes to Protect Solvency California's largest homeowners writer, State Farm General Insurance Co., wants to hike property/casualty rates 30% to 55% by the start of next year to protect its solvency, it said in a state Department of Insurance filing. ... Source: BestWire News Publish Date: July 02, 2024 Access the full article
State Farm Will Roll Back California Nonrenewals if Policyholders Get Fire Coverage From FAIR State Farm is rolling back plans to fully drop 72,000 California homeowners, apartment and business owners policies, but with a catch: Impacted policyholders must first obtain fire coverage from the California FAIR Plan, the ... Source: BestWire News Publish Date: June 07, 2024 Access the full article
Triple I: Dog-related Injury Claim Payouts Hit $1.12 Billion in 2023 The number of dog bite and related injury claims in 2023 grew more than 8% from the prior year and was up 110% over the past decade, the Insurance Information Institute and State Farm said. Janet Ruiz, director of strateg... Source: BestWire News Publish Date: April 09, 2024 Access the full article

Products Where This Company Can Be Found

Best's Alert Service	Gain a complete perspective on the insurance industry with quarterly and annual statement data from thousands of insurers, groups, and industry composites (available online via BestLink).
Best's Financial Suite - Global	Access the worldwide insurer credit ratings, financial database, and analysis system with news and research and featuring up to 11 years of financial data for more than 16,000 insurers around the world (available online via BestLink).
Best's Financial Suite - L/H, US	Gain a complete perspective on the insurance industry with quarterly and annual statement data from thousands of insurers, groups, and industry composites (available online via BestLink).
Best's Financial Suite - P/C & L/H, CN	Gain a complete perspective on the insurance industry with quarterly and annual statement data from thousands of insurers, groups, and industry composites (available online via BestLink).
Best's Financial Suite - P/C & L/H, US	Gain a complete perspective on the insurance industry with quarterly and annual statement data from thousands of insurers, groups, and industry composites (available online via BestLink).
Best's Financial Suite - P/C, US	Gain a complete perspective on the insurance industry with quarterly and annual statement data from thousands of insurers, groups, and industry composites (available online via BestLink).
Best's Insurance Reports - P/C, US/CN	Access in-depth Best's Credit Reports on thousands of U.S. and Canadian insurers, reinsurers, and groups (available online via BestLink or Best's Library Center).
Best's Investment Schedules (A-E) - P/C & L/H, US	Gain a complete perspective on the insurance industry with quarterly and annual statement data from thousands of insurers, groups, and industry composites (available online via BestLink).
Best's Schedule DA (Short Term Investments) - P/C & L/H, US	Track the investment activity of the insurance industry with investment data for thousands of insurers and groups across four separate databases: Common Stocks, Preferred Stocks, Corporate Bonds, and Municipal Bonds. Hybrid, Short Term Investment (DA), and Long Term Investment (BA) information is also available (available online via BestLink).
Best's State/Line - P/C, US	Find out who the major players are in key states, individual lines or broad sectors, determine market share, and examine underwriting performance (available online via BestLink).
Best's Statement File - P/C, US	Gain a complete perspective on the insurance industry with quarterly and annual statement data from thousands of insurers, groups, and industry composites (available online via BestLink).
Insurance Expense Exhibit (IEE) - P/C, US	Uncover the true costs of providing insurance with thousands of insurers' annual expense statements in 38 lines of business and 21 popular line combinations available only from A.M. Best (available online via BestLink).
Schedule D (Common Stocks) - P/C & L/H, US	Track the investment activity of the insurance industry with investment data for thousands of insurers and groups across four separate databases: Common Stocks, Preferred Stocks, Corporate Bonds, and Municipal Bonds. Hybrid, Short Term Investment (DA), and Long Term Investment (BA) information is also available (available online via BestLink).
Schedule D (Corporate Bonds) - P/C & L/H, US	Track the investment activity of the insurance industry with investment data for thousands of insurers and groups across four separate databases: Common Stocks, Preferred Stocks, Corporate Bonds, and Municipal Bonds. Hybrid, Short Term Investment (DA), and Long Term Investment (BA) information is also available (available online via BestLink).
Schedule D (Municipal Bonds) - P/C & L/H, US	Track the investment activity of the insurance industry with investment data for thousands of insurers and groups across four separate databases: Common Stocks, Preferred Stocks, Corporate Bonds, and Municipal Bonds. Hybrid, Short Term Investment (DA), and Long Term Investment (BA) information is also available (available online via BestLink).
Schedule D (Preferred Stocks) - P/C & L/H, US	Track the investment activity of the insurance industry with investment data for thousands of insurers and groups across four separate databases: Common Stocks, Preferred Stocks, Corporate Bonds, and Municipal Bonds. Hybrid, Short Term Investment (DA), and Long Term Investment (BA) information is also available (available online via BestLink).
Schedule D - Hybrid - P/C & L/H, US	Track the investment activity of the insurance industry with investment data for thousands of insurers and groups across four separate databases: Common Stocks, Preferred Stocks, Corporate Bonds, and Municipal Bonds. Hybrid, Short Term Investment (DA), and Long Term Investment (BA) information is also available (available online via BestLink).
Schedule F (Reinsurance) - P/C, US	Understand complex risk-sharing arrangements with reinsurance portfolio information for hundreds of companies and their reinsurers (available online via BestLink).
Schedule P (Loss Reserves) - P/C, US	Gain the loss reserves insight you need to plan for the future with this tool for uncovering property/casualty industry norms and trends in this vital area (available online via BestLink).

Reports & Analysis Where This Company Can Be Found

2023 Best’s Rankings: U.S. Property/Casualty – 3-Month 2023 Financial Results This Best’s Ranking report presents the top 25 U.S. property and casualty writers as ranked by 3-month 2023 net premiums written as of March 31, 2023. Publish Date: June 09, 2023 - 55 Pages Access Report
2023 Best's Rankings: U.S. Property/Casualty – 2022 Financial Results This Best’s Ranking report presents the top 25 U.S. property and casualty writers as ranked by 2022 net premiums written as of Dec. 31,2022. Publish Date: March 17, 2023 - 55 Pages Access Report
2022 Best’s Rankings: U.S. Property/Casualty – 3-Month 2022 Financial Results This Best’s Ranking report presents the top 25 U.S. property and casualty writers as ranked by 3-month 2022 net premiums written as of March 31, 2022. Publish Date: June 10, 2022 - 56 Pages Access Report
2022 Best’s Rankings: U.S. Property/Casualty – 2021 Financial Results This Best’s Ranking report presents the top 25 U.S. property and casualty writers as ranked by 2021 net premiums written as of Dec. 31, 2021. Publish Date: March 18, 2022 - 55 Pages Access Report
Special Report: P/C Rating Upgrades Increase for 2021 as Insurers Adjust to Pandemic Property/casualty insurers generally on solid ground despite unforeseen effects of COVID-19 across the industry. Publish Date: February 16, 2022 - 11 Pages Access Report
2021 Best’s Rankings: U.S. Property/Casualty – 6-Month 2021 Financial Results This Best’s Ranking report presents the top property and casualty writers as ranked by 6-month 2021 net premiums written as of June 30, 2021. Publish Date: September 03, 2021 - 56 Pages Access Report
2021 Best’s Rankings: U.S. Property/Casualty – 3-Month 2021 Financial Results This Best’s Ranking report presents the top 25 U.S. property and casualty writers as ranked by 3-month 2021 net premiums written as of March 31, 2021. Publish Date: June 07, 2021 - 55 Pages Access Report
2021 Best’s Rankings: U.S. Property/Casualty – 2020 Financial Results This Best’s Ranking report presents the top 25 U.S. property and casualty writers as ranked by 2020 net premiums written as of Dec. 31, 2020. Publish Date: March 22, 2021 - 55 Pages Access Report
2020 Best’s Rankings: U.S. Property/Casualty – 6-Month 2020 Financial Results This Best’s Ranking report presents the top property and casualty writers as ranked by 6-month 2020 net premiums written as of June 30, 2020. Publish Date: September 07, 2020 - 54 Pages Access Report
2020 Best’s Rankings: U.S. Total Auto – Industry’s Direct Premiums Written Increased 4.1% This Best’s Ranking presents the top 100 U.S. total auto writers based on 2019 direct premiums written as of July 27, 2020. Publish Date: July 27, 2020 - 3 Pages Access Report
2020 Best’s Rankings: U.S. Auto Liability – Industry’s Direct Premiums Written Increased 4.0% This Best’s Ranking presents the top 100 auto liability insurers based on 2019 direct premiums written. Publish Date: July 27, 2020 - 3 Pages Access Report
2020 Best’s Rankings: U.S. Private Passenger Auto – Industry’s Direct Premiums Written Increased 2.9% This Best’s Ranking presents the top 100 U.S. private passenger auto insurers based on 2019 direct premiums written. Publish Date: July 27, 2020 - 3 Pages Access Report
2020 Best’s Rankings: U.S. Auto Physical Damage – Industry’s Direct Premiums Written Increased 11.4% This Best’s Ranking presents the top 100 physical auto damage insurers based on 2019 direct premiums written. Publish Date: July 27, 2020 - 3 Pages Access Report
2020 Best’s Rankings: U.S. Total Auto – Industry’s Direct Premiums Written Increased 4.0% This Best’s Rankings presents the top 100 U.S. total auto writers as ranked by 2019 direct premiums. Publish Date: June 22, 2020 - 3 Pages Access Report
2020 Best’s Rankings: U.S. Property/Casualty – 3-Month 2020 Financial Results This Best’s Ranking presents the top 25 U.S. property and casualty writers as ranked by 3-month 2020 net premiums written as of March 31, 2020. Publish Date: June 08, 2020 - 54 Pages Access Report
2020 Best’s Rankings: U.S. Life/Health – Industry’s Admitted Assets Increased 8.2% This Best’s Ranking presents the top 200 U.S. life and health insurers as ranked by 2019 admitted assets. Publish Date: June 08, 2020 - 2 Pages Access Report
2020 Best’s Rankings: U.S. Property/Casualty – Industry’s Net Premiums Written Increased 3.2% This Best’s Ranking presents the top 200 U.S. property and casualty writers as ranked by 2019 net premiums written. Publish Date: June 08, 2020 - 2 Pages Access Report
2020 Best’s Rankings: U.S. Property/Casualty – 2019 Financial Results This Best’s Ranking report presents the top 25 U.S. property and casualty writers as ranked by 2019 net premiums written as of Dec. 31, 2019. Publish Date: March 23, 2020 - 55 Pages Access Report
2019 Best’s Rankings: U.S. Property & Casualty – 9-Month 2019 Financial Results This Best’s Ranking report presents the top 25 property and casualty writers as ranked by nine-month 2019 net premiums written as of Sept. 30, 2019. Publish Date: December 09, 2019 - 56 Pages Access Report
2019 Best’s Rankings: U.S. Property/Casualty – 6-Month 2019 Financial Results This Best’s Rankings report presents the top property and casualty writers as ranked by 6-month 2019 net premiums written as of June 30, 2019. Publish Date: September 09, 2019 - 56 Pages Access Report
2019 Best’s Rankings: U.S. Total Auto – Industry’s Top 100 Writers DPW Increased 7.1% Best’s Rankings presents the top 100 U.S. total auto writers based on 2018 direct premiums written as of June 26, 2018. Publish Date: July 29, 2019 - 3 Pages Access Report
2019 Best’s Rankings: U.S. Auto Liability – Industry’s Direct Premiums Written Increased 7.8% Best’s Rankings presents the top 100 auto liability insurers based on 2018 direct premiums written. Publish Date: July 29, 2019 - 3 Pages Access Report
2019 Best’s Rankings: U.S. Private Passenger Auto – Top 100 Writers’ Direct Premiums Written Increased 6.6% Best’s Rankings presents the top 100 U.S. private passenger auto insurers based on 2018 direct premiums written. Publish Date: July 29, 2019 - 3 Pages Access Report
2019 Best’s Rankings: U.S. Auto Physical Damage – Top 100 Writers’ Direct Premiums Written Increased 6.6% Best’s Rankings presents the top 100 physical auto damage insurers based on 2018 direct premiums written. Publish Date: July 29, 2019 - 3 Pages Access Report
2019 Best’s Rankings: U.S. Total Auto – Industry’s Direct Premiums Written Increased 7.3% This Best’s Ranking presents the top 100 U.S. total auto writers as ranked by 2018 direct premiums. Publish Date: June 24, 2019 - 3 Pages Access Report
2019 Best’s Rankings: U.S. Property/Casualty – Industry’s Net Premiums Written Increased 10.6% This Best’s Rankings presents the top 200 U.S. property and casualty writers as ranked by 2018 net premiums written. Publish Date: June 10, 2019 - 2 Pages Access Report
2019 Best’s Rankings: U.S. Property/Casualty – 3-Month 2019 Financial Results This Best’s Rankings presents the top 25 U.S. property and casualty writers as ranked by 3-month 2019 net premiums written as of March 31, 2019. Publish Date: June 10, 2019 - 56 Pages Access Report
2018 Best’s Rankings: U.S. Property/Casualty – 9-Month 2018 Financial Results This Best’s Rankings presents the top 25 property and casualty writers as ranked by 9-month 2018 net premiums written as of September 30, 2018. Publish Date: December 03, 2018 - 46 Pages Access Report
2018 Best’s Rankings: U.S. Property/Casualty – 6-Month 2018 Financial Results This Best’s Rankings presents the top property and casualty writers as ranked by 6-month 2018 net premiums written as of June 30, 2018. Publish Date: September 03, 2018 - 56 Pages Access Report
2018 Best’s Rankings: U.S. Private Passenger Auto – Top 100 Writers’ Direct Premiums Written Increased 7.9% This Best’s Rankings presents U.S. private passenger auto as ranked by 2017 direct premiums written. Publish Date: July 30, 2018 - 3 Pages Access Report
2018 Best’s Rankings: U.S. Property/Casualty – Industry’s Net Premiums Written Increased 4.5% This one-year Best's Rankings presents the top 200 property and casualty writers as ranked by 2017 net premiums written. Publish Date: June 11, 2018 - 2 Pages Access Report
2018 Best’s Rankings: U.S. Property/Casualty – 3-Month 2018 Financial Results This Best’s Rankings presents the top 25 property and casualty writers as ranked by 3-month 2018 net premiums written as of March 31, 2018. Publish Date: June 11, 2018 - 56 Pages Access Report
2018 Best’s Rankings: U.S. Property/Casualty – 2017 Financial Results This Best’s Ranking presents the top property and casualty writers as ranked by 2017 net premiums written as of Dec. 31, 2017. Publish Date: March 26, 2018 - 56 Pages Access Report
2017 Statistical Study: U.S. Private Passenger Auto – Top 50 Writers’ Direct Premiums Written Increased 7.5% This statistical study presents U.S. private passenger auto as ranked by 2016 direct premiums written. Publish Date: August 07, 2017 - 3 Pages Access Report
2017 Statistical Study: U.S. Auto Liability – Industry’s Direct Premiums Written Increased 7.1% This statistical study presents the top 100 auto liability insurers as ranked by 2016 direct premiums written. Publish Date: August 07, 2017 - 3 Pages Access Report
2017 Statistical Study: U.S. Total Auto – Industry’s Top 100 Writer’s Adjusted Loss Ratio Increased to 71.9% This statistical study presents the top 100 U.S. total auto writers as ranked by 2016 direct premiums written as of June 26, 2017. Publish Date: June 26, 2017 - 3 Pages Access Report
2017 Statistical Study: U.S. Property/Casualty – Industry’s Net Premiums Written Increased 2.6% This one-year statistical study presents the top 200 property and casualty writers as ranked by 2016 net premiums written. Publish Date: June 12, 2017 - 2 Pages Access Report
2016 Statistical Study: U.S. Property/Casualty – 9-Month 2016 Financial Results This statistical study presents the top 25 property and casualty writers as ranked by 9-month 2016 net premiums written as of September 30, 2016. Publish Date: December 05, 2016 - 57 Pages Access Report
2016 Statistical Study: U.S. Property/Casualty – 6-Month 2016 Financial Results – Industry’s Combined Ratio Deteriorates on Higher Catastrophe Losses; NPW and Surplus Continue to Grow This statistical study presents the top property and casualty writers as ranked by 6-month 2016 net premiums written as of June 30, 2016. Publish Date: September 05, 2016 - 57 Pages Access Report
2016 Statistical Study: U.S. Private Passenger Auto – Top 100 Writers’ Direct Premiums Written Increased 5.0% This statistical study presents U.S. private passenger auto as ranked by 2015 direct premiums written. Publish Date: July 25, 2016 - 3 Pages Access Report
2016 Statistical Study: U.S. Auto Liability – Industry’s Direct Premiums Written Increased 3.9% This statistical study presents the top 100 auto liability insurers as ranked by 2015 direct premiums written. Publish Date: July 25, 2016 - 3 Pages Access Report
2016 Statistical Study: U.S. Property/Casualty – Industry’s Net Premiums Written Increased 3.3% This one-year statistical study presents the top 200 property and casualty writers as ranked by 2015 net premiums written. Publish Date: June 13, 2016 - 2 Pages Access Report
2016 Statistical Study: U.S. Property/Casualty – 3-Month 2016 Financial Results Industry’s NPW Continues Modest Growth; Underwriting Results Remain Favorable Despite 1.8 Point Deterioration in Combined Ratio This statistical study presents the top 25 property and casualty writers as ranked by 3-month 2016 net premiums written as of March 31, 2016. Publish Date: June 13, 2016 - 56 Pages Access Report
2016 Statistical Study: U.S. Property/Casualty – 2015 Financial Results – Industry’s NPW Continues Modest Growth; Underwriting Results Remain Favorable and PHS is Flat This statistical study presents the top property and casualty writers as ranked by 2015 net premiums written as of Dec. 31, 2015. Publish Date: March 21, 2016 - 56 Pages Access Report