{"schema_version":"secwatch.filing_event.v1","accession":"0001875246-24-000012","form_type":"8-K","ticker":"PRA","cik":"0001127703","company_name":"PROASSURANCE CORP","filed_at":"2024-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.470662+00:00","generated_at":"2026-06-04T23:40:52.024930+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"ProAssurance posts FY23 net loss of $38.6M; workers' comp combined ratio 121.5%","bullets":["FY23 non-GAAP operating loss $7.3M ($0.14/diluted share); Q4 operating loss $2.5M ($0.05/share).","Workers' Comp segment loss $32.5M for FY23 vs $2.4M profit in FY22; net loss ratio rose to 87.1% from 67%.","Specialty P&C combined ratio worsened to 108.5% in FY23 from 104.1% in FY22.","Suspended cash dividend in May 2023; executed $50.5M in share repurchases since May 2023.","Refinanced $250M senior notes in Nov 2023 with $125M revolver draw and $125M term loan at ~5.4%."],"urls":{"canonical":"https://secwatch.observer/filing/0001875246-24-000012","json":"https://secwatch.observer/filing/0001875246-24-000012.json","markdown":"https://secwatch.observer/filing/0001875246-24-000012.md","text":"https://secwatch.observer/filing/0001875246-24-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1127703/000187524624000012/0001875246-24-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1127703/000187524624000012/pra-20240311.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T23:40:52.024930+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"}