Hallmark Financial Services Inc., the Fort Worth, Texas-based insurer, said it has completed its acquisition of Aerospace Holdings, LLC, which provides small aircraft coverage.
Aerospace Holdings, headquartered in Edison, Texas, through Aerospace Insurance Managers Inc. and subsidiaries, markets and services general aviation property-casualty insurance products, with emphasis on private and small-commercial aircraft. Hallmark said that Aerospace produces approximately $30 million in premium, writing aviation insurance in 44 states.
Curtis Donnell, founder and principal officer of Aerospace Holdings, will continue to manage the operation.
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