Dallas-based Hallmark Financial Services, Inc. announced that A.M. Best has upgraded the financial strength ratings of its two insurance subsidiaries. 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, Inc. engages primarily in the sale of property and casualty products.
The company’s 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.
Was this article valuable?
Here are more articles you may enjoy.
GM Sets Up $4.5 Billion Plan to Ensure Supply of Critical Parts 
Product-Defect Presumption Lives On: Florida Appeals Court Upholds $103M vs. Ford 
AI Data Center Boom Is ‘Maxing Out’ P/C Insurers, AIG CEO Says 
Goldman Sachs Creates $1 Billion Reinsurance Pool With Talcott 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.