ProAssurance Corporation (NYSE:PRA) Files An 8-K Regulation FD Disclosure

ME Staff 8-k
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ProAssurance Corporation (NYSE:PRA) Files An 8-K Regulation FD Disclosure

Item 7.01, in the Original Form 8-K. We incorrectly stated that
our Board of Directors has extended the contract of Chairman
Starnes though May 31, 2020. The correct date is May 31, 2022.
This Form 8-K/A amends and restates in its entirety that
paragraph in Item 7.01 of the Original Form 8-K (the changed date
is underlined).

Additionally, although the Original Form 8K correctly reported
June 27, 2017 as the record date for our upcoming quarterly
dividend in Item 8.02, the included Exhibit 99.1 stated the
record date was June 27, 2016. We issued a corrected news release
on May 31, 2017, and attach the corrected news release as Exhibit
99.1 under Item 9.02. Item 8.02 is included, unchanged, from the
Original Form 8-K for informational purposes only.
No other changes are made to the Original Form 8-K.
Item 7.01
REGULATION FD DISCLOSURE
At its meeting on May 31, 2017, Our Board of Directors extended
the contract of our Chairman and Chief Executive Officer, W.
Stancil Starnes, through May 31, 2022>with no change in terms
or conditions from those previously disclosed.
Item 8.01
OTHER EVENTS
Declaration of Dividend
On May 31, 2017, our Board of Directors declared a quarterly
dividend of $0.31 per common share. The record date for the
dividend is June 27, 2017 and the payment date is July 12, 2017.
Our Board of Directors 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 Boards final determination after a comprehensive
review of the companys financial performance, future expectations
and other factors deemed relevant by the Board.
Item 9.01
FINANCIAL STATEMENTS AND EXHIBITS
99.1 Our CORRECTED news release, dated May 31, 2017, announcing
the declaration of a quarterly cash dividend by our Board at
their meeting on May 31, 2017.
We are furnishing Exhibit 99.1 to this Current Report on Form
8-K/A in support of Item 8.01. This exhibits 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 00.00 at 59.55 with 157,976 shares trading hands.