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A.M. Best said it has assigned a financial strength rating of “A-minus” and issuer credit rating of “A-minus” to the newly formed pool, Hallmark Insurance Group, Fort Worth, Texas.

The newly formed group consists of the following entities: American Hallmark Insurance Company of Texas, Phoenix Indemnity Insurance Company and Gulf States Insurance Company. Additionally, A.M. Best has affirmed the issuer credit rating of “triple-b-minus” for the group’s holding company parent, Hallmark Financial Services Inc.

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