EX-21 3 v429419_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*   Arizona
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.