---
schema_version: "secwatch.filing_event.v1"
accession: "0001875246-23-000021"
form_type: "8-K"
ticker: "PRA"
cik: "0001127703"
company_name: "PROASSURANCE CORP"
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T10:04:17.405035+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ProAssurance Q2 net income $10.6M vs -$1.7M YoY; operating EPS $0.16 vs $0.30

## Summary
- Q2 2023 net premiums earned $247.9M (flat YoY); total revenues $291.8M vs $255.8M.
- Net investment result $38.3M (up from $27.1M) including $2.9M net gains.
- Specialty P&C combined ratio 107.6% (vs 100.8%); Workers' Comp 107.7% (vs 99.8%).
- Non-GAAP operating income per diluted share $0.16 vs $0.30 in Q2 2022.
- Plans to refinance $250M 5.3% notes due Nov 2023 with delayed draw term loan.

## SEC filing metadata
- accession: 0001875246-23-000021
- form_type: 8-K
- ticker: PRA
- cik: 0001127703
- company_name: PROASSURANCE CORP
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127703/000187524623000021/0001875246-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127703/000187524623000021/pra-20230814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001875246-23-000021
- JSON: https://secwatch.observer/filing/0001875246-23-000021.json
- Plain text: https://secwatch.observer/filing/0001875246-23-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.