PRA News

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE: PRA), an industry-leading specialty insurer with extensive expertise in medical professional liability, today reported net income of $21.9 million, or $0.42 per diluted share, and operating income(1) of $26.8 million, or $0.52 per diluted share, for the three months ended June 30, 2025. For the six months ended June 30, 2025, net income was $16.1 million, or $0.31 per diluted share, and operating income was $33.6 million, or $0.

ProAssurance stock is moving higher on Thursday after the company announced it will be acquired by The Doctors Company, a medical malpractice insurer.

ProAssurance shares are soaring in Wednesday's after-hours session after the company announced it will be acquired by The Doctors Company.

ProAssurance adopts a defensive strategy amid rising jury verdicts and social inflation, with a 14% stock surge and a $20 price target from analyst Matthew Carletti.