Dallas-based Hallmark Financial Services Inc. announced the financial strength ratings of its two insurance subsidiaries have been upgraded by A.M. Best. American Hallmark Insurance Company of Texas was upgraded from “C+” to “B-” and Phoenix Indemnity Insurance Company was upgraded from “D” to “B-“.
Hallmark Financial Services engages primarily in sale of property and casualty insurance products. Its business involves marketing, underwriting and premium financing of non-standard personal automobile insurance primarily in Texas, Arizona and New Mexico; marketing of commercial insurance in Texas, New Mexico, Idaho, Oregon and Washington; third party claims administration; and other insurance related services.
Topics Texas
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