Hallmark Financial Services, Inc. - HAF- Profile

Hallmark Financial Services, Inc.. The Group's principal activity is to market, underwrite and finance non-standard automobile insurance, claims adjusting and other insurance related services. The Group provides services through its subsidiaries American Hallmark General Agency, Inc., Hallmark Claims Services, Inc and Hallmark Finance Corporation. The Group provides insurance through a reinsurance arrangement with an unaffiliated company, State and County Mutual Fire Insurance Company. Through State & County, the Group provides insurance for drivers who do not qualify for standard-rate insurance. The Group also writes non-standard automobile liability and physical damage coverages. Premiums earned accounted for 78% of 2002 revenues; net investment income, 20% and other income, 2%.