AM Best Maintains Under Review with Negative Implications Status for Credit Ratings of Hallmark Financial Services, Inc. and Its Subsidiaries

Author's Avatar
Jun 09, 2020
Article's Main Image

AM Best has maintained the under review with negative implications status for the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” and the Long-Term Issue Credit Ratings (Long-Term IR) of Hallmark Financial Services, Inc. (Hallmark Financial) [NASDAQ: HALL]. Concurrently, AM Best has maintained the under review with negative implications status for the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term ICRs of “a-” of the members of Hallmark Insurance Group (Hallmark Group). The companies’ operations are headquartered in Dallas, TX. (See below for a detailed listing of the companies and ratings.)