secwatch.observer — SEC 8-K summary
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Issuer:     PROASSURANCE CORP (PRA)
CIK:        0001127703
Form:       8-K
Filed at:   2023-03-03T23:59:59+00:00
Accession:  0001910277-23-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProAssurance reports near-breakeven FY2022 net loss; Specialty P&C combined ratio 104.2%
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- FY2022 net loss of $0.4M; non-GAAP operating income $24.5M ($0.45 diluted EPS).
- Specialty P&C segment combined ratio 104.2% (vs 101.2% in 2021); renewal rate increases of 10% for Specialty Healthcare.
- Workers' Comp combined ratio improved to 99.9% (from 101.5% in 2021).
- President of Specialty P&C Mike Boguski to retire on June 30, 2023.
- AM Best and Fitch ratings outlooks moved to Stable in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127703/000191027723000006/0001910277-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127703/000191027723000006/pra-20230303.htm
  HTML page:      https://secwatch.observer/filing/0001910277-23-000006

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