Hallmark Financial Services has announced its financial results for the third quarter of 2023 reporting a net loss of $21.5 million, compared to the net loss of $28.1 million reported in the same period last year. According to the firm, the Q3 2023 net loss includes $13.6 million of current accident year CAT related activity [...] The post Hallmark Financial Services reports $21.5mn net loss in Q3 2023 appeared first on ReinsuranceNe.ws.
Hallmark Financial is a Texas-based brokerage firm that provides services such as personal, commercial, property and casualty insurance for individuals and businesses.