secwatch.observer — SEC 8-K summary
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Issuer:     PROASSURANCE CORP (PRA)
CIK:        0001127703
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001706397-23-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProAssurance reports Q3 net loss of $49.4M ($0.95/share); operating loss $3.7M
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- Net loss of $49.4M ($0.95 diluted EPS); operating loss of $3.7M ($0.07).
- Gross premiums written $320M (+4% YoY); new business written $29M (+82%).
- Unfavorable prior-year reserve development of $8M related to Workers' Comp.
- Consolidated combined ratio 116.7%; operating ratio 103.2%.
- Net investment income $33M (+32%); adjusted book value $25.67, down $0.32 since Dec 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127703/000170639723000007/0001706397-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127703/000170639723000007/pra-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001706397-23-000007

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