Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $47.54 USD
Change Today -0.34 / -0.71%
Volume 176.7K
As of 8:04 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

proassurance corp (PRA) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/20/15 - $48.39
52 Week Low
08/6/14 - $40.52
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for PROASSURANCE CORP (PRA)

proassurance corp (PRA) Related Businessweek News

No Related Businessweek News Found

proassurance corp (PRA) Details

ProAssurance Corporation, an insurance holding company, provides property and casualty insurance, and reinsurance products in the United States. The company operates through four segments: Specialty Property and Casualty, Workers' Compensation, Lloyd's Syndicate, and Corporate. It offers professional liability insurance for healthcare professionals and facilities; professional liability insurance for attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance for employers, groups, and associations. The company markets its products through independent agencies and brokers, as well as an internal sales force. ProAssurance Corporation was founded in 1976 and is based in Birmingham, Alabama.

967 Employees
Last Reported Date: 02/24/15
Founded in 1976

proassurance corp (PRA) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $906.1K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $496.6K
Chief Underwriting Officer, Chief Actuary, Ex...
Total Annual Compensation: $543.3K
President of Medmarc Casualty Insurance Compa...
Total Annual Compensation: $420.2K
President of Podiatric Insurance Company of A...
Total Annual Compensation: $371.1K
Compensation as of Fiscal Year 2014.

proassurance corp (PRA) Key Developments

ProAssurance Corporation Announces Amended its Revolving Line of Credit Facility

On June 19, 2015, ProAssurance Corporation amended its revolving line of credit facility to add an accordion option which, if exercised, would expand the available line of credit by $50 million to $250 million. This amendment modifies the terms of the original facility that was originally entered into on April 15, 2011 and subsequently amended. Two lenders, Cadence Bank, N.A. and Regions Bank, N.A., were added to the facility and two lenders, JPMorgan Chase Bank, N.A. and The Northern Trust Company, withdrew from the facility. Each newly added lender has committed $25 million to the credit facility. In addition to the new lenders added effective June 19, 2015, the facility includes U.S. Bank N.A., Wells Fargo Bank, N.A., Branch Banking & Trust Company (BB&T), First Tennessee Bank, N.A., and Key Bank. The facility is priced at Libor 0.50% for secured draws, and Libor 1.25% for unsecured draws and will now mature on June 19, 2020.

ProAssurance Corporation Declares Regular Dividend, Payable on July 9, 2015

ProAssurance Corporation announced that the board of directors has declared a cash dividend of $0.31 per common share, payable on July 9, 2015 to shareholders who own the company's stock as of June 25, 2015.

ProAssurance Corporation Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015

ProAssurance Corporation reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported gross premiums written of $221,342,000 compared to $218,273,000 a year ago. Net premiums written was $197,613,000 compared to $199,041,000 a year ago. Net premiums earned were $171,899,000 compared to $171,730,000 a year ago. Total revenues were $207,833,000 compared to $208,051,000 a year ago. Income before income taxes was $45,522,000 compared to $61,409,000 a year ago. Operating income was $34,707,000 or $0.61 per basic and diluted share compared to $44,951,000 or $0.73 per basic and diluted share a year ago. Net income was $37,814,000 or $0.67 per basic and diluted share compared to $46,731,000 or $0.76 per basic and diluted share a year ago. Return on equity (excludes gain on acquisition) was 7.1% compared to 7.9% a year ago. Book value per share at March 31, 2015 was $38.39 compared to $38.17 a year ago. The increase in gross premiums was driven by a 15% increase in Workers' Compensation segment, which offset a 6% decline in Specialty P&C segment. Operating cash flow for the quarter was $37 million, an increase of $6.4 million over the first quarter of 2014, primarily due to higher gross premiums written in the current quarter and positive cash flows from Lloyd's Syndicate that was not present in 2014. These gains were offset by increases in paid losses and a decline in income from investments.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PRA:US $47.54 USD -0.34

PRA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cincinnati Financial Corp $52.94 USD -0.12
CNA Financial Corp $39.60 USD -0.48
Hallmark Financial Services Inc $10.95 USD -0.14
View Industry Companies

Industry Analysis


Industry Average

Valuation PRA Industry Range
Price/Earnings 14.9x
Price/Sales 3.2x
Price/Book 1.2x
Price/Cash Flow 14.0x
TEV/Sales 1.9x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PROASSURANCE CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at