Major Rating Factors:
Fair reserve development (3.8 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2021 the two year reserve development was 25.1% deficient. Fair profitability index (3.4) with operating losses during 2022. Fair overall results on stability tests (4.1) including excessive premium growth and negative cash flow from operations for 2025.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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Licensed in:
AL, AR, AZ, CO, GA, IA, IL, IN, KS, KY, MD, MN, MO, MS, NC, ND, OH, PA, SC, SD, TN, UT, WI, WV
Principal Investments:
Investment grade bonds (33.0%), cash (32.6%), other (34.4%)
Corporate Info
Group Affiliation
Hallmark Financial Services Inc
Investment Rating
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Company Address
5420 Lyndon B. Johnson Freeway
Dallas, TX 75240
Dallas, TX 75240
Phone Number
(817) 348-1600
NAIC Number
19530
Website
Largest Affiliates