---
schema_version: "secwatch.filing_event.v1"
accession: "0001875246-24-000028"
form_type: "8-K"
ticker: "PRA"
cik: "0001127703"
company_name: "PROASSURANCE CORP"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:42:51.815318+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ProAssurance Q1 net income $4.6M ($0.09 EPS); operating income $4.2M

## Summary
- Net income $4.6M ($0.09 diluted EPS); operating income $4.2M ($0.08 diluted EPS).
- Gross premiums written $311M (-1% YoY); new business $20M (+7%).
- Current accident year loss ratio improved 3 pts to 79.9%; combined ratio 111.6% (2 pt improvement).
- Net investment income $34M (+12%); book value per share $21.82.
- Renewal pricing in medical professional liability up +8%.

## SEC filing metadata
- accession: 0001875246-24-000028
- form_type: 8-K
- ticker: PRA
- cik: 0001127703
- company_name: PROASSURANCE CORP
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127703/000187524624000028/0001875246-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127703/000187524624000028/pra-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001875246-24-000028
- JSON: https://secwatch.observer/filing/0001875246-24-000028.json
- Plain text: https://secwatch.observer/filing/0001875246-24-000028.txt

## Key facts
- Earnings Releases
  PROASSURANCE CORP reported the three months ended March 31, 2024 results: net income $4.6 million, EPS $0.09 per diluted share.
  - Period: the three months ended March 31, 2024
  - Net income: $4.6 million
  - EPS: $0.09 per diluted share
  - Result: reported results
  source text: ProAssurance Reports Results for First Quarter 2024 BIRMINGHAM, AL – (BUSINESSWIRE) – May 6, 2024 – ProAssurance Corporation (NYSE: PRA) reports net income of $4.6 million, or $0.09 per diluted share, and operating income (1) of $4.2 million, or $0.08 per diluted share, for the three months ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1127703/000187524624000028/0001875246-24-000028-index.htm

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