Hallmark Financial Services, Inc. Stock News

DALLAS--(BUSINESS WIRE)--Hallmark Financial Services, Inc. (“Hallmark” or the “Company”) today announced that it has successfully completed its previously announced prearranged financial restructuring and has emerged from Chapter 11. Through this process, Hallmark significantly reduced debt at the holding company level, strengthened its balance sheet, and increased its financial flexibility, po...

DALLAS--(BUSINESS WIRE)--Hallmark Financial Services, Inc. (“Hallmark” or the “Company”) today announced it has initiated a strategic transaction to strengthen its financial position, support long-term growth, and provide stability for its policyholders, agents, business partners, and other stakeholders. The Company has entered into a Restructuring Support Agreement (the “RSA”) which contemplat...