PRA

ProAssurance Corporation (NYSE:PRA) is a Birmingham, Alabama-based specialty insurance company founded in 1976 and publicly traded since 1991. The company provides professional liability insurance primarily to healthcare providers and attorneys, along with workers' compensation coverage. ProAssurance has grown through strategic acquisitions, including the significant purchase of NORCAL Mutual Insurance Company in 2022, which substantially expanded its medical professional liability business. The company operates across multiple states and maintains an A.M. Best financial strength rating, positioning itself as a specialized insurer focused on professional liability risks in the healthcare and legal sectors.