ProAssurance Corporation (NYSE:PRA) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure
ProAssurance Corporation (NYSE:PRA) Files An 8-K Regulation FD Disclosure
Attached as Exhibit 99.1 and incorporated into this Item 7.01 by reference, is our news release relating to the dividend referred to in Item 8.01 below
Item 8.01 Other Events
On March 1, 2017 our Board of Directors declared a quarterly dividend of $0.31 per common share. The record date for the dividend is March 30, 2017 and the payment date is April 12, 2017. Our dividend policy anticipates a total annual dividend of $1.24 per share, to be paid in equal quarterly installments. However, any decision to pay future cash dividends will be subject to the Board’s final determination after a comprehensive review of the company’s financial performance, future expectations and other factors deemed relevant by the Board.
Item 9.01 Financial Statements and Exhibits
99.1 News release issued on March 1, 2017, disclosing ProAssurance’s declaration of a cash dividend of $0.31 per common share payable on April 12, 2017 to shareholders of record as of March 30, 2017.
We are furnishing Exhibit 99.1 to this Current Report on Form 8-K solely for the purpose of incorporation by reference into Items 7.01 and 9.01. This exhibit shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.
About ProAssurance Corporation (NYSE:PRA)
ProAssurance Corporation is a holding company for property and casualty insurance companies. The Company provides professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, liability insurance for medical technology and life sciences risks, and workers’ compensation insurance. It operates in four segments: Specialty property and casualty, which includes its professional liability business, and medical technology and life sciences business; Workers’ compensation, which includes its workers’ compensation business, which it provides for employers, groups and associations; Lloyd’s syndicate, which includes operating results from its participation in Lloyd’s Syndicate 1729, and Corporate. In addition, the Company is also a provider for Lloyd’s of London Syndicate 1729, which writes a range of property and casualty insurance, and reinsurance lines. ProAssurance Corporation (NYSE:PRA) Recent Trading Information
ProAssurance Corporation (NYSE:PRA) closed its last trading session up +1.30 at 60.40 with 257,425 shares trading hands.
ProAssurance Corporation is a holding company for property and casualty insurance companies. The Company provides professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, liability insurance for medical technology and life sciences risks, and workers’ compensation insurance. It operates in four segments: Specialty property and casualty, which includes its professional liability business, and medical technology and life sciences business; Workers’ compensation, which includes its workers’ compensation business, which it provides for employers, groups and associations; Lloyd’s syndicate, which includes operating results from its participation in Lloyd’s Syndicate 1729, and Corporate. In addition, the Company is also a provider for Lloyd’s of London Syndicate 1729, which writes a range of property and casualty insurance, and reinsurance lines. ProAssurance Corporation (NYSE:PRA) Recent Trading Information
ProAssurance Corporation (NYSE:PRA) closed its last trading session up +1.30 at 60.40 with 257,425 shares trading hands.