ProAssurance Group
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The FTC granted early termination of the waiting period, leaving the acquisition on track to finish in early 2026. -
The Insurance Insider US news team runs you through the earnings results for the day.
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There is a long waiting list of carriers looking to pull the IPO trigger, but market conditions remain tough.
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ProAssurance brands will be transitioned to The Doctors Company in "all/most markets" over time.
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The Californian insurer is buying the medmal carrier for $25.00 per share, or a ~60% premium.
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Profitability over growth continues to be the company’s “mantra”.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Executives said the company continues to shrink its book of business in markets with poor underwriting conditions.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Rand said the company remains “very bullish on the long-term value that NORCAL brings.”
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The Insurance Insider US news team runs you through the earnings results for the day.
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The carrier’s comments on claims severity should serve as a warning for the industry
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