Citing loss development for prior underwriting years, Dallas-based specialty property/casualty insurer Hallmark Financial Services Inc., is exiting its Binding Primary Auto business. The commercial auto product the company is exiting is primary coverage written through brokers, who have binding authority …
Ratings agency, A.M. Best, has revised the outlooks to stable from negative and affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of the members of Hallmark Insurance Group (Hallmark Group), headquartered …
Fort Worth, Texas-based insurance holding company, Hallmark Financial Services Inc., announced that Kevin Kasitz will serve as interim president of the company’s personal segment, replacing Paul Harrison who has resigned from the post. The company said Harrison “has chosen to …
