ADDED
As of February 18, 2026, the registrant had outstanding approximately 51,413,643 shares of its common stock.
Alternatively, such Part III information will be provided in an amendment to this Annual Report on Form 10-K, in either case to be filed within 120 days after the end of the fiscal year covered by this Annual Report on Form 10-K.
Forward-looking statements are identified by words such as, but not limited to, "anticipate," "believe," "continue," "could," "estimate," "expect," "hope," "hopeful," "intend," "likely," "may," "optimistic," "plan," "possible," "potential," "preliminary," "project," "should," "will," "would" and other analogous expressions.
For the year ended December 31, 2025, our net premiums written totaled $0.9 billion, and at December 31, 2025 we had total assets of $5.4 billion and $1.3 billion of shareholders' equity.
Documents available on our website include the financial statements we file with state regulators (compiled under SAP as required by regulation), news releases that we issue and certain investor presentations.
On March 19, 2025, we entered into an Agreement and Plan of Merger (the Merger Agreement ) with The Doctors Company, a California-domiciled reciprocal inter-insurance exchange, and Jackson Acquisition Corporation, a Delaware corporation and a wholly owned subsidiary of The Doctors Company ( Merger Sub ), pursuant to which, on the terms and subject to the conditions set forth in the Merger Agreement, Merger Sub will merge with and into ProAssurance (the Merger ).
ProAssurance will continue as the surviving corporation in the Merger as a wholly owned subsidiary of The Doctors Company.
The Board has approved the Merger Agreement and the transactions contemplated thereby, including the Merger.
On June 24, 2025, ProAssurance held a special meeting of stockholders (the ProAssurance Special Meeting ) at which holders of ProAssurance s common stock approved each of the proposals voted on at the ProAssurance Special Meeting relating to the transactions contemplated by the Merger Agreement.
The closing of the proposed Merger is subject to other customary closing conditions, including approval from insurance regulators in the jurisdictions where the Company s operating subsidiaries are domiciled.
REMOVED
As of February 20, 2025, the registrant had outstanding approximately 51,156,821 shares of its common stock.
Forward-looking statements are identified by words such as, but not limited to, "anticipate," "believe," "estimate," "expect," "hope," "hopeful," "intend," "likely," "may," "optimistic," "possible," "potential," "preliminary," "project," "should," "will" and other analogous expressions.
For the year ended December 31, 2024, our net premiums written totaled $1.0 billion, and at December 31, 2024 we had total assets of $5.6 billion and $1.2 billion of shareholders' equity.
Documents available on our website include the financial statements we file with state regulators (compiled under SAP as required by regulation), news releases that we issue, a listing of our investment holdings and certain investor presentations.
See further discussion on our team members and culture within this section under the heading "Human Capital Resources." Provide specialized healthcare-centric expertise and thought leadership to meet the evolving demands in the healthcare and medical technology markets .
Our goal is to deliver an exceptional service experience that is consistent, responsive and provides value to customers through a regional business model.
We are investing in innovation solutions, including artificial intelligence and process automation, to enhance risk selection, decision making and workflows.
We carefully monitor use of our capital and consider various options for capital deployment, such as business expansion by our existing subsidiaries, opportunities that arise for mergers or acquisitions, investment portfolio diversification to maximize yield and share repurchases.
Additionally, we aim to utilize data analytics and artificial intelligence to enhance outcomes, improve decision making and lighten administrative burdens for claims professionals.
Our investment strategy is designed to emphasize the preservation of our capital and provide adequate liquidity for the prompt payment of claims.