UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC 20549

                                   FORM 8-K

                           CURRENT REPORT PURSUANT
                        TO SECTION 13 OR 15(D) OF THE
                       SECURITIES EXCHANGE ACT OF 1934


        Date of report (Date of earliest event reported): August 8, 2005

                      HALLMARK FINANCIAL SERVICES, INC.
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            (Exact Name of Registrant as Specified in Its Charter)

                                    Nevada
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                (State or Other Jurisdiction of Incorporation)

             0-16090                                  87-0447375
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     (Commission File Number)             (IRS Employer Identification No.)


  777 Main Street, Suite 1000, Fort Worth, Texas              76102
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     (Address of Principal Executive Offices)               (Zip Code)

                                 817-348-1600
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             (Registrant's Telephone Number, Including Area Code)

                                Not Applicable
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        (Former Name or Former Address, if Changed Since Last Report)

   Check the  appropriate box below  if the Form  8-K filing  is intended  to
 simultaneously satisfy the filing obligation of the registrant under any  of
 the following provisions (see General Instruction A.2. below):

   [ ]     Written communications pursuant to Rule 425 under the Securities
           Act (17 CFR 230.425)

   [ ]     Soliciting material pursuant to Rule 14a-12 under the Exchange
           Act (17 CFR 240.14a-12)

   [ ]     Pre-commencement communications pursuant to Rule 14d-2(b) under
           the Exchange Act (17 CFR 240.14d-2(b))

   [ ]     Pre-commencement communications pursuant to Rule 13e-4(c) under
           the Exchange Act (17 CFR 240.13e-4(c))



 Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule
           or Standard; Transfer of Listing

      On August 8, 2005,  the American Stock  Exchange ("AMEX") approved  the
 listing on AMEX of the common stock, $0.03 par value per share, of  Hallmark
 Financial Services, Inc. (the "Company").  The Company's common  stock  will
 trade on AMEX under the  symbol "HAF" commencing  August 10, 2005.  At  such
 time, the listing  of the  Company's common  stock on  the Emerging  Company
 Market of the AMEX under the symbol "HAF.EC" will be discontinued.


                                  SIGNATURES

      Pursuant to the requirements  of the Securities  Exchange Act of  1934,
 the Registrant has duly caused this report to be signed on its behalf by the
 undersigned duly authorized.

                               HALLMARK FINANCIAL SERVICES, INC.


 Date:  August 9, 2005         By:  /s/ Mark J. Morrison
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                               Mark J. Morrison, Chief Operating Officer