Hallmark Financial Services

Hallmark Financial Services, Inc. is a holding company, which engages in the provision of insurance products. It operates through the following segments: Specialty Commercial, Standard Commercial, and Personal. The Specialty Commercial segment includes the commercial auto, excess and surplus (E&S) casualty, E&S property, professional liability, and aerospace and programs business units. The Standard commercial segment consists of package and monoline property/casualty and occupational accident insurance products and services, as well as the runoff of workers compensation insurance products. The Personal segment deals with non-standard personal automobile and renters insurance products and services. The company was founded in 1987 and is headquartered in Dallas, TX.

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OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” and the Long-Term Issue Credit Rating (Long-Term IR) of Hallmark Financial Services, Inc. (Hallmark Financial) [NASDAQ:HALL]. Concurrently, AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term ICRs of “a-” of the members of Hallmark Insurance Group (Hallmark Group)

AM Best Places Credit Ratings of Hallmark Financial Services, Inc. and Its Subsidiaries Under Review With Developing Implications

DALLAS, April 13, 2021 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (the “Company” or “Hallmark Financial”), a property and casualty insurance company comprised of three business segments (Specialty Commercial, Standard Commercial, and Personal), today announced that, based on its previously announced evaluation of the separation of the Specialty Commercial business segment, it plans to pursue an initial public offering (“IPO”) of a non-controlling ownership stake in the core businesses within the Company's Specialty Commercial business segment, as a separate company named Hallmark Specialty Group, Inc. (“Hallmark Specialty Group”).

Hallmark Financial Announces Intent to Pursue IPO of its Specialty Commercial Business

Hallmark Financial's (HALL) Q4 results reflect lower premiums in Specialty Commercial and Personal segments against continued rate increases, particularly in the Specialty Commercial segment.

Hallmark Financial (HALL) Q4 Earnings Miss, Stock Down 9.3%

Hallmark Financial (HALL) delivered earnings and revenue surprises of -243.75% and -1.93%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Hallmark Financial (HALL) Reports Q4 Loss, Lags Revenue Estimates

DALLAS, March 15, 2021 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark Financial”) (NASDAQ: HALL) today announced financial results for the fourth quarter and fiscal year ended December 31, 2020.

Hallmark Financial Announces Fourth Quarter and Fiscal 2020 Results

New York, New York--(Newsfile Corp. - March 5, 2021) - Levi & Korsinsky announces it has commenced an investigation of Hallmark Financial Services, Inc. (NASDAQ: HALL) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/tag-along/hallmark-financial-services-inc-information-request-formor contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Hallmark Financial Services, Inc.- HALL

PHILADELPHIA, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Hallmark Financial Services, Inc. (“Hallmark” or the “Company”) (NASDAQ: HALL) on behalf of the Company's stockholders.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of Hallmark Financial Services, Inc. (HALL) and Encourages Long-Term Stockholders to Contact the Firm

SAN FRANCISCO, Feb. 9, 2021 /PRNewswire/ -- Court-appointed Lead Counsel Hagens Berman alerts class members that Defendants' motion to dismiss a securities class action against Hallmark Financial Services, Inc. (NASDAQ: HALL) is now fully briefed. The Court's order on the motion may pave...

HAGENS BERMAN: Motion to Dismiss in Securities Fraud Class Action Lawsuit Against Hallmark (HALL) Fully Briefed, Individuals with Non-Public Information Encouraged to Contact Firm

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” and the Long-Term Issue Credit Ratings (Long-Term IR) of Hallmark Financial Services, Inc. (Hallmark Financial) [NASDAQ: HALL] are unchanged, following the recent announcement that Hallmark Financial is exploring opportunities to segregate its specialty commercial segment. Concurrently, the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term ICRs of “a-” of the

AM Best Comments on Credit Ratings of Hallmark Financial Services, Inc. and Its Subsidiaries Following Announced Specialty Commercial Business Separation Plan

DALLAS, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (the “Company” or “Hallmark Financial”), a property and casualty insurance company comprised of three business segments (Specialty Commercial, Standard Commercial, and Personal), announced that it is exploring the separation of its Specialty Commercial business.

Hallmark Financial Exploring the Separation of its Specialty Commercial Business

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” and the Long-Term Issue Credit Ratings (Long-Term IR) of Hallmark Financial Services, Inc. (Hallmark Financial) [NASDAQ: HALL] are unchanged by the recent announcement regarding the resignation of Naveen Anand as president and CEO and the appointment of current executive chairman, Mark E. Schwarz, to the additional positions of president and CEO, effective Feb. 27, 2021. Concu

AM Best Comments on Credit Ratings of Hallmark Financial Services, Inc. and Its Subsidiaries Following Leadership Change Announcement

PHILADELPHIA, Dec. 31, 2020 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Hallmark Financial Services, Inc. ("Hallmark" or the "Company") (NASDAQ: HALL) on behalf of the Company's stockholders. Current Hallmark stockholders who purchased or acquired shares of...

Kaskela Law LLC Announces Stockholder Investigation of Hallmark Financial Services, Inc. (HALL) and Encourages Long-Term Stockholders to Contact the Firm

DALLAS, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark Financial”) (NASDAQ: HALL) today announced financial results for the third quarter and nine months ended September 30, 2020.

Hallmark Financial Announces Third Quarter 2020 Results

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has removed from under review with negative implications and affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” and the Long-Term Issue Credit Ratings (Long-Term IR) of Hallmark Financial Services, Inc. (Hallmark Financial) [NASDAQ: HALL]. Concurrently, AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term ICRs of “a-” of the members of Hallm

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Hallmark Financial Services, Inc. and Its Subsidiaries

DALLAS, Sept.  21, 2020  (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark Financial” or “Company”) (NASDAQ: HALL), a specialty property and casualty insurance company, today announced that on September 15, 2020, Jeff Passmore, Chief Financial Officer, submitted his resignation. Mr. Passmore will remain with the Company through October 9, 2020, to facilitate an orderly transition.

Hallmark Financial Announces Resignation of Chief Financial Officer

Hallmark Financial (HALL) Q2 results reflect lower premiums and adverse impact of the COVID-19 pandemic.

Hallmark Financial (HALL) Q2 Earnings and Revenues Beat

DALLAS, Aug.  10, 2020  (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark Financial”) (NASDAQ: HALL) today announced financial results for the second quarter and six months ended June 30, 2020.

Hallmark Financial Announces Second Quarter 2020 Results

DALLAS, July  27, 2020  (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark Financial”) (NASDAQ: HALL) today announced confirmation from Nasdaq that Hallmark Financial has regained compliance with Nasdaq’s periodic filing requirement.  Nasdaq further advised that this rule compliance matter is now closed.

Hallmark Financial Announces Nasdaq Compliance

DALLAS, July  23, 2020  (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark Financial”) (NASDAQ: HALL) today announced financial results for the first quarter ended March 31, 2020.

Hallmark Financial Announces First Quarter 2020 Results

SAN FRANCISCO--(BUSINESS WIRE)---- $HALL #NASDAQ--Hagens Berman was appointed lead counsel in a class action brought on behalf of investors against Hallmark Financial Services Inc. (NASDAQ: HALL).

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Appointed Lead Counsel in Securities Class Action against Hallmark Financial Services, Inc. (HALL): Individuals with Non-Public Information Encouraged to Contact Firm

LOS ANGELES--(BUSINESS WIRE)---- $HALL #classaction--The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Hallmark Financial Services, Inc. ("Hallmark Financial" or the Company") (NASDAQ: HALL) concerning whether the board breached its fiduciary duties to shareholders. If you are a shareholder, click here to participate. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Hallmark Financial shares before March 2, 2020 and wish to discuss this matter

The Law Offices of Frank R. Cruz Announces Investigation of Hallmark Financial Services, Inc (HALL) on Behalf of Investors

DALLAS, July  06, 2020  (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark Financial” or “the Company”) (NASDAQ: HALL), a specialty property and casualty insurance company, today announced that Nasdaq has granted an exception to enable the Company to regain compliance with Nasdaq’s Listing Rule 5250(c)(1) by September 14, 2020.

Hallmark Financial Announces Extension Granted from Nasdaq

New York, New York--(Newsfile Corp. - July 6, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Hallmark Financial Services, Inc. (NASDAQ: HALL) alleging that the Company violated federal securities laws.Class Period: March 5, 2019 and March 17, 2020Lead Plaintiff Deadline: July 6, 2020Learn more about your recoverable losses in DNK:

HALL ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of July 6, 2020 in the Class Action Filed on Behalf of Hallmark Financial Services, Inc. Limited Shareholders

New York, New York--(Newsfile Corp. - July 6, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Hallmark Financial Services, Inc. ("Hallmark Financial") (NASDAQ: HALL) between March 5, 2019 and March 17, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Nothern District of Texas. To...

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Hallmark Financial Services, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 6, 2020 - HALL

Los Angeles, California--(Newsfile Corp. - July 6, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hallmark Financial Services, Inc. ("Hallmark Financial" or "the Company") (NASDAQ: HALL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between March 5, 2019 and March...

DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Hallmark Financial Services, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

News for Hallmark Financial Services Stock (HALL)