| Business Summary | | Hallmark
Financial
Services
Inc.
is
engaged
in
the
sale
of
property
and
casualty
insurance
products.
The
Company's
business
primarily
involves
marketing,
underwriting
and
premium
financing
of
non-standard
automobile
insurance,
as
well
as
claims
adjusting
and
other
insurance
related
services.
The
Company
pursues
its
business
activities
through
an
integrated
insurance
group,
the
members
of
which
are
an
authorized
Texas
property
and
casualty
insurance
company,
American
Hallmark
Insurance
Company
of
Texas;
a
managing
general
agency,
American
Hallmark
General
Agency
Inc.;
a
network
of
affiliated
insurance
agencies
known
as
the
American
Hallmark
Agencies;
a
premium
finance
company,
Hallmark
Finance
Corporation;
and
a
claims
handling
and
adjusting
firm,
Hallmark
Claims
Service,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hallmark
Financial
Services
is
involved
in
marketing,
underwriting
and
premium
financing
of
non-standard
automobile
insurance,
as
well
as
claims
adjusting
and
other
insurance
related
services.
For
the
three
months
ended
3/31/01,
revenues
decreased
3%
to
$6
million.
Net
loss
totaled
$99
thousand
vs.
an
income
of
$354
thousand.
Revenues
reflect
a
decrease
in
processing
and
service
fees.
Net
loss
reflects
a
higher
losses
and
loss
adjustment
expense. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
5,791;
after
tax
earnings
were
-710. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Ramon Phillips, 66 Chairman | $231K | Linda Sleeper, 52 Pres,
CEO, Director | 146K | Johnny DePuma, 62 Sr.
VP and CFO | 111K | Raymond Kilgore, 51 Sr.
VP, Sec. | 101K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|