ProAssurance Corporation (NYSE: PRA) announced today that its acquisition of Eastern Insurance Holdings, Inc. (Eastern) was completed effective January 1, 2014. Eastern's shareholders overwhelmingly approved the transaction at a special ...
Tags: ProAssurance Corporation, acquisition, Eastern Insurance Holdings
Specialty insurer ProAssurance has reached an agreement to purchase Eastern Insurance Holdings (EIHI), for $24.50 per share in an all-cash transaction valued at nearly $205m. Under the terms of the agreement, which is likely to conclude ...
Tags: Proassurance, Eastern Insurance
The Cooperative of American Physicians (CAP) has partnered with specialty writer of professional liability insurance ProAssurance to provide a new liability protection product, CAPAssurance, to fulfill the needs of hospitals and other ...
ProAssurance has acquired Virginia-based Medmarc Insurance Group (Medmarc) on 1 January 2013. Earlier, an agreement was inked to merge Medmarc into ProAssurance for a $153.7m, all cash, sponsored demutualization that will provide ...
Medmarc Insurance (Medmarc) has signed an agreement to merge into ProAssurance for a $153.7m, all cash, sponsored demutualization that will provide Medmarc's eligible Members with cash payments of $146.2m and future policy credits of $7m. ...
Tags: Medmarc Insurance, merger, ProAssurance, insurance
Birmingham based ProAssurance Corporation (PRA) has closed the acquisition of Independent Nevada Doctors Insurance Exchange (IND), for an undisclosed sum. In accordance with terms of the agreement, IND will become a subsidiary of ...
Tags: ProAssurance, acquisition, Independent Nevada Doctors Insurance Exchange
US based property and casualty firm ProAssurance has reported a net income of $55.6m, or $1.80 diluted income per share, for the first quarter of 2012, compared to $47.7m, or $1.55 diluted income per share, for the same period in 2011. ...
Tags: ProAssurance, net income, quarter 1, revenue