This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Hallmark Financial Posts First-Quarter Loss on Unfavorable Loss Reserve Development

Hallmark Financial Services Inc. posted a first-quarter net loss of $3.2 million, compared with a net income of $9 million for the first quarter of 2021, on unfavorable prior-year loss reserve . . .

-- This content requires registration --

Already registered?

Not registered?

Register for free

Catastrophes Earnings

Reprints & Redistribution

Latest News

BEST'S NEWS
Best's News: Improvements in Florida Not Enough to Reopen Homeowners
Apr 19, 2024 04:22 PM (EDT)

CALIFORNIA
Tokio Marine America, Trans Pacific Latest To Exit From California Homeowners
Apr 19, 2024 04:07 PM (EDT)

PEOPLE IN INSURANCE
Former Arch and Hanover Exec Joins Intact Insurance as Division CUO
Apr 19, 2024 03:47 PM (EDT)

MERGERS AND ACQUISITIONS
Legacy Specialist Darag Acquires Cayman-Based Liability Captive
Apr 19, 2024 03:36 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Revises Issuer Credit Rating Outlook to Positive for Unity Financial Life Insurance Company
Apr 19, 2024 03:25 PM (EDT)

More from Best’s News

Trending

1

EARNINGS
Convex Swings to 2023 Profit Amid Industry 'Complexities'
Apr 18, 2024 11:14 AM (EDT)

2

BEST'S CREDIT RATING ACTION
AM Best Revises Outlooks to Stable for Trisura Group Ltd. Members; Comments on First Founders Assurance Company
Apr 18, 2024 11:09 AM (EDT)

3

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of Rockingham Insurance Company and Its Affiliates
Apr 17, 2024 03:56 PM (EDT)

4

EARNINGS
Travelers President: Improvements in Florida Not Enough to Reopen Homeowners
Apr 17, 2024 03:18 PM (EDT)

5

SURETY
Knight Specialty Insurance: $175 Million Trump Bond Secured; Former President Put Up Collateral
Apr 17, 2024 12:20 PM (EDT)

1

HOMEOWNERS INSURANCE
Farmers CEO: Some Insurance Premiums Will Mirror the Cost of Mortgages
Apr 12, 2024 02:49 PM (EDT)

2

FINANCIAL CONDITION
R&Q Warns of 'Significant' Loss on Reserve Development, Agrees to JV Sale
Apr 12, 2024 01:32 PM (EDT)

3

EMPLOYEE TERMINATION
Insurance Industry Layoffs: USAA Cuts 220 Positions
Apr 11, 2024 01:57 PM (EDT)

4

HOMEOWNERS POLICIES
State Farm Homeowners Nonrenewals Hit Los Angeles Counties
Apr 11, 2024 10:35 AM (EDT)

5

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

1

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

2

CATASTROPHES
Update: Marine Mutual Britannia Confirms Insurance Role in Baltimore Bridge Ship Collision
Mar 26, 2024 02:11 PM (EDT)

3

BUSINESS INTERRUPTION INSURANCE
Citing Taylor Swift, Court Shreds Metallica's Hope for Recovering COVID Losses
Mar 21, 2024 02:29 PM (EDT)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

1

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

2

CATASTROPHES
Update: Marine Mutual Britannia Confirms Insurance Role in Baltimore Bridge Ship Collision
Mar 26, 2024 02:11 PM (EDT)

3

PEOPLE IN INSURANCE
In Memoriam: Insurance Industry Leaders Who Passed Away in 2023
Dec 29, 2023 11:20 AM (EST)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
051075	Hallmark Financial Services, Inc.

STOCKS
Hallmark Financial to Delist Nasdaq Shares After Missing Regulatory Targets
Dec 27, 2023 12:04 PM (EST)

REINSURANCE
Arbitrators Put Hallmark’s Final Write-Off From Loss Portfolio Deal at $36.9 Million
Jun 05, 2023 05:45 PM (EDT)

EARNINGS
Hallmark Financial Loss Widens to $39.1 Million for First Quarter
May 15, 2023 05:37 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Withdraws Credit Ratings of Hallmark Financial Services, Inc. and Its Subsidiaries
May 15, 2023 03:53 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of Hallmark Financial Services, Inc. and Its Subsidiaries; Maintains Under Review Status
May 09, 2023 04:16 PM (EDT)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html