ProAssurance Announces $200M Stock Repurchase

Board of Directors of ProAssurance Corporation PRA has authorized an additional $200 million to repurchase our shares or retire outstanding debt. The authorization is effective immediately, but the timing and quantity of any purchases will depend on market conditions and changes in our capital requirements. Additionally, our repurchase activity is subject to limitations that may be imposed on such purchases by applicable securities laws and regulations and the rules of the New York Stock Exchange.