ProAssurance Corporation (PRA)
NYSE: PRA · IEX Real-Time Price · USD
+0.12 (0.83%)
May 22, 2024, 4:00 PM EDT - Market closed

Company Description

ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States.

The company operates through Specialty Property and Casualty, Workers' Compensation Insurance, and Segregated Portfolio Cell Reinsurance segments.

It 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.

The company 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.

The company also participates in Syndicate 1729 at Lloyd's of London for underwriting. It markets its products through independent agencies and brokers, as well as an internal business development team.

The company was founded in 1976 and is headquartered in Birmingham, Alabama.

ProAssurance Corporation
ProAssurance logo
Country United States
Founded 1976
Industry Insurance - Property & Casualty
Sector Financials
Employees 1,094
CEO Edward Lewis Rand Jr., CPA

Contact Details

100 Brookwood Place
Birmingham, Alabama 35209
United States
Phone (205) 877-4400

Stock Details

Ticker Symbol PRA
Exchange NYSE
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
Dana Shannon Hendricks CPA Executive Vice President, Treasurer and Chief Financial Officer
Jeffrey Patton Lisenby Esq. Executive Vice President, General Counsel, Corporate Secretary and Head of Corporate Legal Department
Kevin Merrick Shook CPA President of Workers Compensation Insurance - Eastern Alliance Insurance Group
Lawrence K. Cochran Chief Investment Officer, Head of Treasury and Vice President
Kathryn Anne Neville Esq. Chief Compliance Officer and Vice President
Noreen L. Dishart CCP, SPHR Chief Human Resources Officer and Executive Vice President
Darryl Keith Thomas Senior Vice President and Chief Claims Officer
Luke Cicchinelli D.P.M. Chief Medical Director
Robert David Francis President of Healthcare Professional Liability

Latest SEC Filings

Date Type Title
May 22, 2024 S-8 Securities to be offered to employees in employee benefit plans
May 22, 2024 8-K Current Report
May 6, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
May 6, 2024 10-Q Quarterly Report
May 6, 2024 8-K Current Report
Apr 12, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Apr 12, 2024 DEF 14A Other definitive proxy statements
Apr 11, 2024 8-K Current Report
Apr 10, 2024 8-K Current Report
Mar 11, 2024 8-K Current Report