secwatch.observer — SEC 8-K summary
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Issuer:     PROASSURANCE CORP (PRA)
CIK:        0001127703
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001127703-26-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProAssurance Q1 operating income $12.7M; merger with Doctors Company targets June 30 close
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- Net income $8.5M ($0.16 diluted EPS); operating income $12.7M ($0.25 diluted EPS).
- Consolidated net premiums written $258.6M; Specialty P&C renewal premium increases 6% (cumulative >80% since 2018).
- Non-GAAP combined ratio improved 2.3 points to 109.9%; expense ratio improved 0.3 points.
- Merger with The Doctors Company awaits regulatory approvals in CA and PA; target close by June 30, 2026.
- Book value per share $25.94, down $0.30 from year-end; adjusted book value $27.86.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127703/000112770326000018/0001127703-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127703/000112770326000018/pra-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001127703-26-000018

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