Hallmark halts specialty business IPO plans
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Hallmark halts specialty business IPO plans

Hallmark Financial Dallas Texas logo new 2021.jpg

Hallmark Financial Services has called off plans to spin off its specialty business via an IPO.

The firm said in a statement that its board of directors noted “significant progress” in the company’s underwriting operations over the last 18 months, including the successful completion of a loss portfolio transfer transaction and improved underlying results.

The

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