---
schema_version: "secwatch.filing_event.v1"
accession: "0001910277-23-000018"
form_type: "8-K"
ticker: "PRA"
cik: "0001127703"
company_name: "PROASSURANCE CORP"
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:23:11.437137+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ProAssurance files proposed settlement in shareholder lawsuit; insurer to fund payment

## Summary
- Unopposed motion filed June 22, 2023 to settle Sheet Metal Workers Local 19 Pension Fund class action.
- Defendants deny all wrongdoing; settlement to eliminate burden and expense of further litigation.
- Payment fully funded by available insurance coverage; no impact on ProAssurance's operating results.
- Proposed settlement subject to approval by U.S. District Court for Northern District of Alabama.

## SEC filing metadata
- accession: 0001910277-23-000018
- form_type: 8-K
- ticker: PRA
- cik: 0001127703
- company_name: PROASSURANCE CORP
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127703/000191027723000018/0001910277-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127703/000191027723000018/pra-20230628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001910277-23-000018
- JSON: https://secwatch.observer/filing/0001910277-23-000018.json
- Plain text: https://secwatch.observer/filing/0001910277-23-000018.txt

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