ProAssurance (PRA)

ProAssurance Corporation is a Birmingham, Alabama-based insurance holding company whose subsidiaries write specialty property and casualty coverage in the United States. Its core franchise is medical professional liability for physicians, medical groups, hospitals, senior care facilities, allied health providers, and other healthcare organizations. It also writes liability coverage for medical technology and life sciences companies, legal professional liability coverage, and workers' compensation through Eastern Alliance Insurance Group.

Distribution uses independent agencies and brokers as well as an internal business development team. The company grew through acquisitions, including NORCAL Insurance Company, and remains listed on the NYSE under PRA while its agreed sale to The Doctors Company is pending. Completion depends on remaining regulatory approvals, so near-term corporate status is tied to that merger process.