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

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ProAssurance Corporation (NYSE:PRA) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure

Attached as Exhibit 99.1 and incorporated into this Item 7.01 by reference, is our news release relating to the dividends referred to in Item 8.01 below.
Additionally, at its regular meeting today, our Board of Directors set May 31, 2017 as the date of the 2017 Annual Meeting of Shareholders to be held at our headquarters in Birmingham, Alabama. The record date for the meeting is April 7, 2017.
Item 8.01 Other Events
On November 30, 2016 our Board of Directors declared a special dividend of $4.69 per share and a regular dividend of $0.31 per share. Both will be paid on January 9, 2017 to shareholders who own our stock as of December 23, 2016. Our dividend policy anticipates a total annual regular dividend of $1.24 per share, to be paid in equal quarterly installments. That policy also considers the irregular payment of special dividends, which may or may not occur in the future. Any decision to pay future cash dividends, either regular or special, 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 November 30, 2016, disclosing ProAssurance’s declaration of a special cash dividend of $4.69 per common share, and a regular cash dividend of $0.31 per common share payable on January 9, 2017 to shareholders of record as of December 23, 2016.
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 down -0.65 at 56.05 with 132,898 shares trading hands.