Hallmark Financial Services, Inc. (HALL) News
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HALL News Highlights
- For HALL, its 30 day story count is now at 3.
- Over the past 12 days, the trend for HALL's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- ALTG, FPI and FSR are the most mentioned tickers in articles about HALL.
Latest HALL News From Around the Web
Below are the latest news stories about Hallmark Financial Services Inc that investors may wish to consider to help them evaluate HALL as an investment opportunity.
Photo by gehringj/E+ via Getty Images Small-cap property/casualty insurer Hallmark Financial Services (HALL) had operational issues in Q1 2020, on top of the COVID-19 market sell-off. These issues are now largely fixed. However, the stock remains depressed trading at below 50% of book value. The spin-out of a stake in...
AM Best Places Credit Ratings of Hallmark Financial Services, Inc. and Its Subsidiaries Under Review With Developing Implications
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). The companies’ operations are headquartered in Dallas, TX. (See below for a detailed listing of the companies and Credit Ratings [ratings].)
VNET, ALTG, FPI, HALL, and INVO have been added to the Zacks Rank #5 (Strong Sell) List on April 16, 2021
Kaskela Law LLC Announces Stockholder Investigation of Hallmark Financial Services, Inc. (HALL) and Encourages Long-Term HALL Stockholders to Contact the Firm
PHILADELPHIA, March 23, 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 long-term stockholders. Recently an amended shareholder securities fraud complaint was filed against Hallmark and certain of the Company’s senior executive officers on behalf of investors who purchased shares of Hallmark’s common stock between March 5, 2019 and March 17, 2020. According to the complaint, during that time period, although publicly representing that the Company’s loss reserve process was sufficient and accurate, Hallmark (i) was deliberately and systematically manipulated and understated loss reserves in order to overstate its reported net income and (ii) lacked effecti...
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.
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
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 [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.Levi & Korsinsky is a nationally recognized firm with offices in New York, ...
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
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 the way for Lead Plaintiff to obtain discovery. In the meantime, the Firm encourages individuals with relevant, non-public information regarding Hallmark to contact the firm now.
Hallmark Financial Services, a specialty property/casualty company, announced Thursday that it is exploring the separation of its specialty commercial business to unlock its value and improve access to capital. Currently the company is comprised of three business segments—specialty commercial, standard …
Hallmark Financial Services, Inc. Hallmark Financial Services, Inc. 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. Initial evaluations by Hallmark Financial’s Board of Directors indicate that separating the Specialty Commercial business may unlock significant value by segregating the operational structures of its segments. Each segment currently operates under a unique business model, utilizes its own distribution channels and has a different return profile. The Board believes that establishing two s...
AM Best Comments on Credit Ratings of Hallmark Financial Services, Inc. and Its Subsidiaries Following Leadership Change Announcement
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