{"schema_version":"secwatch.filing_event.v1","accession":"0001777343-22-000004","form_type":"8-K","ticker":"PRA","cik":"0001127703","company_name":"PROASSURANCE CORP","filed_at":"2022-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.490325+00:00","generated_at":"2026-06-27T04:02:34.171067+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.82,"calibrated_materiality_score":0.82,"confidence":"high","headline":"ProAssurance reports FY2021 gross premiums $960M, NORCAL acquisition closed, renewal rates up 8%","bullets":["NORCAL acquisition added ~$300M GPW and ~$1.6B investments; ProAssurance now #3 HCPL insurer in U.S.","Specialty P&C renewal rate increases: 8% for full year, 9% in Q4; Standard Physicians +8%, Specialty Healthcare +12%.","Workers' Comp expense ratio down 1.1 points; $4M G&A reduction; closed 58% of 2020 and prior claims in 2021.","COVID-19 reserve unchanged at $10M IBNR; $1M favorable development in Q3 2021; pandemic exclusions added to Senior Care.","Debt $425M (16% debt-to-capital); $250M revolving credit facility undrawn; shareholders' equity $1.43B."],"urls":{"canonical":"https://secwatch.observer/filing/0001777343-22-000004","json":"https://secwatch.observer/filing/0001777343-22-000004.json","markdown":"https://secwatch.observer/filing/0001777343-22-000004.md","text":"https://secwatch.observer/filing/0001777343-22-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1127703/000177734322000004/0001777343-22-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1127703/000177734322000004/pra-20220225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T04:02:34.171067+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}