ProAssurance Corporation operates as a property and casualty insurance and reinsurance provider focused on specialized professional liability markets. The company primarily serves healthcare providers, medical institutions, healthcare professionals, medical technology companies, life sciences firms, and legal practices. Its insurance offerings include professional liability coverage for physicians and healthcare institutions, medical technology liability insurance, and workers' compensation policies. The company also structures alternative risk solutions such as assumed reinsurance, loss portfolio transfers, and segregated portfolio cell (SPC) reinsurance programs tailored to healthcare professional liability insureds.
The company operates through three main segments: Specialty Property and Casualty, Workers' Compensation Insurance, and Segregated Portfolio Cell Reinsurance. The Specialty Property and Casualty segment provides professional liability coverage to healthcare and legal sectors. The Workers' Compensation segment offers guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible arrangements, alongside alternative solutions including program design, fronting, and claims administration services. The Segregated Portfolio Cell Reinsurance segment manages captive cell programs and related asset management services.
ProAssurance maintains a distribution network through independent agencies, brokers, and an internal business development team. The company employs approximately 1,036 full-time employees and is headquartered in Birmingham, Alabama.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $0.99 | $0.99 | -3.9% | |
| 2024 | $1.03 | $1.03 | +241.1% | |
| 2023 | $-0.73 | $-0.73 | -7200.0% | |
| 2022 | $-0.01 | $-0.01 | -100.4% | |
| 2021 | $2.67 | $2.67 | +181.9% | |
| 2020 | $-3.26 | $-3.26 | -196.4% | |
| 2019 | $-1.10 | $-1.10 | -139.1% | |
| 2018 | $-0.46 | $-0.46 | -243.8% | |
| 2017 | $0.32 | $0.32 | -68.6% | |
| 2016 | $1.02 | $1.03 | +56.9% | |
| 2015 | $0.65 | $0.66 | -42.0% | |
| 2014 | $1.12 | $1.13 | -1.8% | |
| 2013 | $1.14 | $1.15 | -30.5% | |
| 2012 | $1.64 | $1.65 | -64.0% | |
| 2011 | $4.56 | $4.60 | -36.7% | |
| 2010 | $7.20 | $7.29 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-23 | 0001127703-26-000008 | SEC ↗ |
| 2024-12-31 | 2025-02-24 | 0001875246-25-000003 | SEC ↗ |
| 2023-12-31 | 2024-02-27 | 0001875246-24-000009 | SEC ↗ |
| 2022-12-31 | 2023-02-27 | 0001875246-23-000003 | SEC ↗ |
| 2021-12-31 | 2022-02-22 | 0001875246-22-000003 | SEC ↗ |
| 2020-12-31 | 2021-02-26 | 0001706397-21-000004 | SEC ↗ |
| 2019-12-31 | 2020-02-20 | 0001706397-20-000003 | SEC ↗ |
| 2018-12-31 | 2019-02-21 | 0001706397-19-000002 | SEC ↗ |
| 2017-12-31 | 2018-02-21 | 0001706397-18-000004 | SEC ↗ |
| 2016-12-31 | 2017-02-23 | 0001561231-17-000003 | SEC ↗ |
| 2015-12-31 | 2016-02-23 | 0001561231-16-000015 | SEC ↗ |
| 2014-12-31 | 2015-02-24 | 0001561231-15-000003 | SEC ↗ |
| 2013-12-31 | 2014-02-20 | 0001561231-14-000003 | SEC ↗ |