EX-21 3 v371114_ex21.htm EXHIBIT 21


Exhibit 21


Subsidiaries of Hallmark Financial Services, Inc.


Name of Subsidiary Jurisdiction of Incorporation
o Aerospace Claims Management Group, Inc.* Texas
o Aerospace Flight, Inc.* Texas
o Aerospace Holdings, LLC* Texas
o Aerospace Insurance Managers, Inc.* Texas
o Aerospace Special Risk, Inc.* Texas
o American Hallmark General Agency, Inc. Texas
  (d/b/a Hallmark Insurance Company)  
o American Hallmark Insurance Company of Texas* Texas
o American Hallmark Insurance Services, Inc.* Texas
o CYR Insurance Management Company* Texas
o Effective Claims Management, Inc.* Texas
o Hallmark Claims Service, Inc. Texas
  (d/b/a Hallmark Insurance Company)  
o Hallmark County Mutual Insurance Company* Texas
  (controlled through a management agreement)  
o Hallmark Finance Corporation* Texas
o Hallmark Insurance Company* Arizona
o Hallmark National Insurance Company* Ohio
o Hallmark Specialty Insurance Company* Oklahoma
o Hardscrabble Data Solutions, LLC* New Jersey
o Heath XS, LLC* New Jersey
o Pan American Acceptance Corporation* Texas
o TBIC Holding Corporation, Inc.* Texas
o TBIC Risk Management, Inc.* Texas
o Texas Builders Insurance Company* Texas
o Hallmark Specialty Underwriters, Inc.* Texas
o TGA Special Risk, Inc.* Texas


* Conducts business under its corporate name.