secwatch.observer — SEC 8-K summary
======================================

Issuer:     PROASSURANCE CORP (PRA)
CIK:        0001127703
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0001875246-24-000041
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProAssurance Q1 operating EPS $0.08; board reduces to 10 with new directors
---------------------------------------------------------------------------

- Operating EPS of $0.08 vs loss of $0.14 in Q1 2023; net income $4.6M.
- Specialty P&C combined ratio 108.0% (improved from 113.6% YoY); Workers' Comp combined ratio 112.3%.
- Shareholders elected Richard J. Bielen and Staci M. Pierce as directors; board reduced from 12 to 10.
- Share repurchases total $50.5M since May 2023; cash dividend suspended.
- Gross premiums written $311.3M, down slightly from $315.8M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127703/000187524624000041/0001875246-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127703/000187524624000041/pra-20240528.htm
  HTML page:      https://secwatch.observer/filing/0001875246-24-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer