Insurancenewsnet.com

Hallmark Announces AM Best Rating Changes, Interim Final Arbitration Award, and Partnership with an AM Best “A” Rated Carrier

DALLAS, May 05, 2023 (GLOBE NEWSWIRE) -- AM Best announced today that it has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb” (Fair) from “bbb-” (Good) and the associated ...
Insurancenewsnet.com

Hallmark Announces Sale of its Excess and Surplus Lines Operations to Core Specialty Insurance Holdings, Inc.

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 ...
Business Wire

AM Best Downgrades Credit Ratings of Hallmark Financial Services, Inc. and Its Subsidiaries; Maintains Under Review With Negative Implications Status

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb” (Fair) from “bbb-” (Good) and associated Long-Term Issue Ratings (Long-Term IRs) of ...
Nasdaq

Hallmark Financial Announces Decision to Discontinue Pursuit of IPO to Separate Specialty Commercial Business

DALLAS, Dec. 23, 2021 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (the “Company” or “Hallmark”), a property and casualty insurance company comprised of three business segments (Specialty ...