---
schema_version: "secwatch.filing_event.v1"
accession: "0001910277-22-000008"
form_type: "8-K"
ticker: "PRA"
cik: "0001127703"
company_name: "PROASSURANCE CORP"
filed_at: "2022-05-20T23:59:59+00:00"
generated_at: "2026-06-25T08:34:45.306334+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ProAssurance Q1 net loss $3.6M; non-GAAP operating EPS $0.14 improves from $0.04

## Summary
- Gross premiums written rose 49% YoY to $335.6M, driven by NORCAL acquisition.
- Specialty P&C combined ratio 105.5% vs 110.3% a year ago; rate increases of 8-12%.
- Net investment losses of $13.5M vs gains $8.8M; unrealized losses hit equity by $141M.
- Debt to capital at 25%; $426M debt including $176M NORCAL contribution certificates.
- Workers' Comp segment combined ratio 98.9%; SPC reinsurance combined ratio 82.1%.

## SEC filing metadata
- accession: 0001910277-22-000008
- form_type: 8-K
- ticker: PRA
- cik: 0001127703
- company_name: PROASSURANCE CORP
- filed_at: 2022-05-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127703/000191027722000008/0001910277-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127703/000191027722000008/pra-20220520.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001910277-22-000008
- JSON: https://secwatch.observer/filing/0001910277-22-000008.json
- Plain text: https://secwatch.observer/filing/0001910277-22-000008.txt

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