News: ProAssurance Corp (PRA)

PRA on New York Consolidated

50.90USD
20 May 2013
Price Change (% chg)

$-0.29 (-0.57%)
Prev Close
$51.19
Open
$51.02
Day's High
$51.15
Day's Low
$50.83
Volume
104,802
Avg. Vol
250,063
52-wk High
$51.58
52-wk Low
$41.38

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Wed, May 1 2013

Fitch Affirms ProAssurance's Ratings; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, May 01 (Fitch) Fitch Ratings has affirmed ProAssurance Corporation's (PRA) Issuer Default Rating (IDR) at 'BBB+'. Fitch has also affirmed the Insurer Financial Strength (IFS) ratings of PRA's primary insurance operating companies (listed below) at 'A'. The Rating Outlook for all ratings is Stable. KEY RATING DRIVERS Fitch's rating actions consider the solid capital position of PRA's operating subsidiaries, as well as their

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TEXT-Fitch affirms ProAssurance IFS at 'A'

Dec 5 - Fitch Ratings has affirmed ProAssurance Corporation's (PRA) Issuer Default Rating (IDR) at 'BBB+'. Fitch has also affirmed the 'A' Insurer Financial Strength (IFS) ratings of PRA's primary insurance operating companies (listed below). The Rating Outlook for all ratings is Stable. Fitch's rating action is based on a proforma analysis of PRA's capital following today's announcement of a two-for-one stock split, a special dividend of approximately $153 million, regular shareholder dividend

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