---
schema_version: "secwatch.filing_event.v1"
accession: "0001875246-25-000012"
form_type: "8-K"
ticker: "PRA"
cik: "0001127703"
company_name: "PROASSURANCE CORP"
filed_at: "2025-03-19T23:59:59+00:00"
generated_at: "2026-05-24T11:29:30.767185+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# ProAssurance to be acquired by The Doctors Company for $25/share cash, ~$1.3B

## Summary
- Stockholders receive $25.00 per share in cash, a ~60% premium to March 18 close.
- Transaction valued at approximately $1.3 billion; combined assets ~$12 billion.
- ProAssurance board unanimously approved; expected close in first half of 2026.
- Closing subject to stockholder approval and regulatory approvals; no financing condition.
- Upon close, ProAssurance common stock will be delisted from NYSE.

## SEC filing metadata
- accession: 0001875246-25-000012
- form_type: 8-K
- ticker: PRA
- cik: 0001127703
- company_name: PROASSURANCE CORP
- filed_at: 2025-03-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127703/000187524625000012/0001875246-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127703/000187524625000012/pra-20250319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001875246-25-000012
- JSON: https://secwatch.observer/filing/0001875246-25-000012.json
- Plain text: https://secwatch.observer/filing/0001875246-25-000012.txt

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