---
schema_version: "secwatch.filing_event.v1"
accession: "0001875246-25-000039"
form_type: "8-K"
ticker: "PRA"
cik: "0001127703"
company_name: "PROASSURANCE CORP"
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T10:53:50.363734+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ProAssurance Q1 net loss $5.8M ($0.11/sh), operating income $6.8M; The Doctors Company acquisition for $25/share

## Summary
- Net loss of $5.8M ($0.11 diluted loss); operating income of $6.8M ($0.13 diluted share).
- Specialty P&C net premiums stable at $204.5M; renewal increases 8%, retention 84% (86% standard physicians MPL).
- Consolidated Non-GAAP combined ratio improved 0.3 points; net investment income up 9%.
- Book value per share $24.05, up $0.56 from year-end; adjusted book value $26.68.
- Agreement for The Doctors Company to acquire ProAssurance for $25.00/share; expected close first half 2026.

## SEC filing metadata
- accession: 0001875246-25-000039
- form_type: 8-K
- ticker: PRA
- cik: 0001127703
- company_name: PROASSURANCE CORP
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127703/000187524625000039/0001875246-25-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127703/000187524625000039/pra-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001875246-25-000039
- JSON: https://secwatch.observer/filing/0001875246-25-000039.json
- Plain text: https://secwatch.observer/filing/0001875246-25-000039.txt

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