Mark E. Pape Appointed to the Board of Directors of Specialty Underwriters' Alliance, Inc. Jul 2, 2009
Mr. Pape was appointed to SUA's Board pursuant to the previously announced agreement among SUA, Hallmark Financial Services, Inc. and certain other parties. Mr. Pape will fill the vacancy created by the resignation of Peter E. Jokiel as a director of the Company. (PR Newswire)
Hallmark Financial Q1 profit declines May 19, 2009
Fort Worth-based Hallmark Financial Services Inc. (Nasdaq: HALL) posted first quarter earnings of $6. 8 million for the first quarter of 2009, or 33 cents a share. (Dallas Business Journal, TX)
Specialty Underwriters' Alliance, Inc. Announces Preliminary Results of 2009 Annual Meeting of Stockholders May 13, 2009
IVS Associates, Inc. has informed the Company that representatives of Hallmark Financial Services, Inc. have requested a review of the preliminary tabulation report. The Company expects that such review will be conducted within a week and that the inspector of election will certify voting results shortly thereafter. (PR Newswire)
Specialty Underwriters' Alliance, Inc. Reports 20 Percent Premium Growth for First Quarter 2009 May 8, 2009
The increase in other operating expenses was mainly attributable to a one-time expense relating to the proxy contest waged by Hallmark Financial Services, Inc.. For the first quarter of 2009, net loss and loss adjustment expense ratio was 60. (PR Newswire)
Hallmark Financial Services, Inc. Files With the Illinois Division of Insurance to Acquire up to 50% of the Common Stock of Specialty Underwriters' Alliance, Inc. Apr 30, 2009
CHICAGO, April 29 /PRNewswire-FirstCall/ -- Specialty Underwriters' Alliance, Inc. (Nasdaq: ) ("SUA" or the "Company") announced today that on March 30, 2009, Hallmark Financial Services, Inc. ("Hallmark") filed a Form A with the Illinois Division of Insurance to gain approval to acquire up to 50% of the Company's outstanding common stock. Courtney Smith, Chairman of SUA, stated, "Although Hallmark states in its Form A filing that it does not intend to control SUA, Hallmark has made contrary... (PR Newswire)
