DALLAS (AP) — DALLAS (AP) — Hallmark Financial Services Inc. (HALL) on Monday reported a loss of $39.1 million in its first quarter.

The Dallas-based company said it had a loss of $21.53 per share. Losses, adjusted for one-time gains and costs, were $2.74 per share.

The property and casualty insurance company posted revenue of $39.8 million in the period. Its adjusted revenue was $39.7 million.

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