---
schema_version: "secwatch.filing_event.v1"
accession: "0001875246-25-000017"
form_type: "8-K"
ticker: "PRA"
cik: "0001127703"
company_name: "PROASSURANCE CORP"
filed_at: "2025-03-20T23:59:59+00:00"
generated_at: "2026-05-24T09:44:10.567427+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# ProAssurance to be acquired by The Doctors Company for $25.00 per share in cash

## Summary
- Merger consideration of $25.00 cash per share; value to be paid to stockholders (excluding certain shares).
- Termination fee of $52.6 million payable by either party under specified conditions.
- Closing expected by September 19, 2026, subject to stockholder adoption, regulatory approvals, and other customary conditions.
- ProAssurance will become a wholly owned subsidiary of The Doctors Company; RSUs, performance shares, and deferred comp also converted to cash at $25.00/share.

## SEC filing metadata
- accession: 0001875246-25-000017
- form_type: 8-K
- ticker: PRA
- cik: 0001127703
- company_name: PROASSURANCE CORP
- filed_at: 2025-03-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127703/000187524625000017/0001875246-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127703/000187524625000017/pra-20250320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001875246-25-000017
- JSON: https://secwatch.observer/filing/0001875246-25-000017.json
- Plain text: https://secwatch.observer/filing/0001875246-25-000017.txt

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