HALL News and Press, Hallmark Financial Services Inc. From 03/16/23

2023-03-16 17:05:49 ET Hallmark Financial Services ( NASDAQ: HALL ) said in a Thursday SEC filing that Christopher Kenney has been promoted to the post of CEO. Kenney will continue to serve as president and CFO of the property and casualty insurance products compa...

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Hallmark Financial Services press release ( NASDAQ: HALL ): Q3 Non-GAAP EPS of -$1.13. Gross premiums written of $52.52M (-4.7% Y/Y). Book value per share decreased 63% to $3.62 per share as of September 30, 2022 as compared to $9.66 per share as of December 31, 2...

DALLAS, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark”) (NASDAQ: HALL) today filed its Form 10-Q and announced financial results for the third quarter and nine months ended September 30, 2022. (1) See “Non-GAAP Financial Measur...

AM Best has placed under review with negative implications the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Hallmark Financial Services, Inc. (Hallmark Financial) [NASDAQ: HALL]. Concurrently, ...

Hallmark Financial Services ( NASDAQ: HALL ) sells its excess and surplus lines operations to Core Specialty Insurance Holdings for $40M cash consideration , plus an estimated $19.9M of acquisition costs. Hallmark insurance subsidiaries will enter into a quota share reinsu...

DALLAS, Texas, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (the “Company” or “Hallmark”; NASDAQ: HALL), a property and casualty insurance company, today announced the sale of its excess and surplus (“E&S”) lines operation...

Hallmark Financial Services ( NASDAQ: HALL ) briefly rose though has now gone negative, down 1%, amid a report that Core Specialty is in discussions to buy the company's specialty book. Core Specialty is in advanced talks to acquire Hallmark's ( HALL ) $450 mil...

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