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ProAssurance Corporation (PRA)

NYSE - NYSE Delayed Price. Currency in USD
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20.45-0.17 (-0.82%)
At close: 4:00PM EDT

ProAssurance Corporation

100 Brookwood Place
Birmingham, AL 35209
United States
205 877 4400
http://www.proassurance.com

Sector(s)Financial Services
IndustryInsurance—Property & Casualty
Full Time Employees827

Key Executives

NameTitlePayExercisedYear Born
Mr. William Stancil Starnes Esq., J.D.Exec. Chairman948.14kN/A1949
Mr. Edward Lewis Rand Jr., CPACEO, Pres & Director1.54MN/A1967
Ms. Dana Shannon Hendricks CPA, CPAExec. VP, Treasurer & CFO605.84kN/A1968
Mr. Jeffrey Patton Lisenby Esq., J.D.Exec. VP, Gen. Counsel, Corp. Sec. & Head of the Corp. Legal Dept679.15kN/A1969
Mr. Michael Leonard Boguski CPCUPres of Specialty Property & Casualty1.18MN/A1963
Mr. Kevin Merrick Shook CPAPres of Workers Compensation Insurance - Eastern Alliance Insurance Group852.62kN/A1969
Mr. Lawrence K. CochranChief Investment Officer, Head of Treasury & VPN/AN/AN/A
Michael A. StoeckertCTO & VPN/AN/AN/A
Mr. Frank B. O'Neil IRCSr. VP of Corp. Communications & Investor RelationsN/AN/A1953
Ms. Kathryn Anne Neville Esq.Chief Compliance Officer & VPN/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicate segments. It offers professional liability insurance for healthcare providers and institutions, and attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for employers, groups, and associations. The company also participates in Lloyd's of London Syndicate 1729, which underwrites property and casualty insurance, and reinsurance; and Syndicate 6131 that underwrites contingency and specialty property insurance. ProAssurance Corporation markets its products through independent agencies and brokers, as well as an internal sales force. The company was founded in 1976 and is headquartered in Birmingham, Alabama.

Corporate Governance

ProAssurance Corporation’s ISS Governance QualityScore as of June 1, 2021 is 3. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 7; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.