Company Description
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States.
It operates through Specialty Property and Casualty, Workers' Compensation Insurance, and Segregated Portfolio Cell Reinsurance segments.
The company offers professional liability insurance to healthcare providers and institutions, and attorneys and their firms; medical technology liability insurance to medical technology and life sciences companies; and custom alternative risk solutions, including assumed reinsurance, loss portfolio transfers, and captive cell programs for healthcare professional liability insureds.
It also provides workers' compensation insurance products, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations.
It markets its products through independent agencies and brokers, as well as an internal business development team.
ProAssurance Corporation was founded in 1976 and is headquartered in Birmingham, Alabama.
| Country | United States |
| Founded | 1976 |
| Industry | Insurance - Property & Casualty |
| Sector | Financials |
| Employees | 1,036 |
| CEO | Edward Rand |
Contact Details
Address: 100 Brookwood Place Birmingham, Alabama 35209 United States | |
| Phone | 205 877 4400 |
| Website | proassurance.com |
Stock Details
| Ticker Symbol | PRA |
| Exchange | NYSE |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001127703 |
| CUSIP Number | 74267C106 |
| ISIN Number | US74267C1062 |
| Employer ID | 63-1261433 |
| SIC Code | 6331 |
Key Executives
| Name | Position |
|---|---|
| Edward Lewis Rand Jr., CPA | President, Chief Executive Officer and Director |
| Jeffrey Patton Lisenby Esq. | Executive Vice President, General Counsel, Corporate Secretary and Head of Corporate Legal Department |
| Robert David Francis | President of Medical Professional Liability |
| Kevin Merrick Shook CPA | President of Eastern Alliance Insurance Group |
| Lawrence K. Cochran | Chief Investment Officer, Head of Treasury and Vice President |
| Heather J. Wietzel | Senior Vice President of Investor Relations |
| Kathryn Anne Neville Esq. | Chief Compliance Officer and Vice President |
| Kelly Cinelli | Assistant Vice President of Public Relations |
| Noreen L. Dishart CCP, SPHR | Chief Human Resources Officer and Executive Vice President |
| Darryl Keith Thomas | Senior Vice President and Chief Claims Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 14, 2025 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 11, 2025 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 11, 2025 | DEF 14A | Other definitive proxy statements |
| Apr 11, 2025 | ARS | Filing |
| Apr 11, 2025 | SCHEDULE 13D | Filing |
| Mar 20, 2025 | 8-K | Current Report |
| Mar 19, 2025 | 8-K | Current Report |
| Mar 19, 2025 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Feb 24, 2025 | 10-K | Annual Report |
| Feb 24, 2025 | 8-K | Current Report |