ProAssurance Corporation Loss Form

Company: ProAssurance Corporation

Ticker: (NYSE) PRA

Deadline

Passed

Lead Plaintiff Deadline: August 17, 2020

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Allegations

(i) ProAssurance lacked adequate underwriting process and risk management controls necessary to set appropriate loss reserves in its Specialty P&C segment; (ii) ProAssurance failed to properly assess a large national healthcare account that experienced losses far exceeding the assumptions made when the account was underwritten; and (iii) as a result, ProAssurance was subject to materially heightened risk of financial loss and reserve charges.