ProAssurance Corporation
News and overview for ProAssurance Corporation
ProAssurance Reports Third Quarter 2009 Results [Press Release]
PRNewswire | 21 days 20 hours 10 minutes ago
BIRMINGHAM, Ala., Nov. 2 /PRNewswire-FirstCall/ --
ProAssurance Named America's Best Mid-Size Insurance Employer [Press Release]
PRNewswire | 39 days 22 hours 5 minutes ago
...commitment to our employees, ProAssurance enables the extension of...and our shareholders." ProAssurance Corporation is the nation's fifth largest...professional liability business. ProAssurance is recognized as one of the...
ProAssurance Reports Second Quarter 2009 Results [Press Release]
PRNewswire | 113 days 2 hours 43 minutes ago
BIRMINGHAM, Ala., Aug. 3 /PRNewswire-FirstCall/ --
ProAssurance Announces $100 Million Repurchase Authorization [Press Release]
PRNewswire | 75 days 10 hours 11 minutes ago
BIRMINGHAM, Ala., Sept. 10 /PRNewswire-FirstCall/ -- The Board of Directors of ProAssurance Corporation
4 Results
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Company Overview
| Company: | ProAssurance Corporation |
|---|---|
| Industry: | Liability Insurance |
| Website: | http://www.proassurance.com |
For every kid who wants to be a doctor, dentist, or nurse, ProAssurance is here to protect. One of the largest medical liability insurance providers in the US, ProAssurance is the holding company for Medical Assurance and other subsidiaries. Medical Assurance sells medical malpractice liability insurance for health care providers, primarily in the South, Mid-Atlantic, and Midwest. Its customers include individual doctors in private practice, as well as large physician groups and hospitals. Its Red Mountain Casualty Insurance subsidiary writes excess and surplus (higher risk) lines of medical professional liability insurance. ProAssurance utilizes direct marketing and independent agents to sell its products.
Key Numbers
| Sales in U.S. Dollars (mil.) | 567.2 (2008) |
|---|---|
| One-year % Growth in Sales | -19.7 (2008) |
| Net Income in U.S. Dollars (mil.) | 177.7 (2008) |
| One-year % Growth in Net Income | 5.7 (2008) |
| Number of Employees | 551 (2008) |
| One-year % Growth in Number of Employees | -6.1 (2008) |
| Fiscal Year-End | December |