Best's News


News & Research
Advanced Search Advanced Search



   
   
 
 
 Search Results

[x] Source
BestWire

  Topic

  Companies

 
1 through 20 of 193 matching documents, best matches first.   Sort by date

The Doctors Co. Completes $1.3 Billion Deal for ProAssurance, Plans Review Process
...Assurance will function as a wholly owned subsidiary. The Doctors Co. paid $25 cash per share for outstanding shares of ProAssurance, whose common stock was then deregistered with ...
Source: BestWire   Date: June 29, 2026
Subscription or Purchase Required

ProAssurance Posts First-Quarter Net Income in Advance of Pending Acquisition by The Doctors Co
The combined ratio improved to 110.4 from 115.6 in the first quarter of 2025, which is when The Doctors Co., the nation's largest physician-owned medical professional liability ...
Source: BestWire   Date: May 6, 2026
Subscription or Purchase Required

Delaware Supreme Court: Workers' Comp Insurers Have Limited Subrogation Rights in UIM Cases
Delaware Compensation Rating Bureau Inc. However, carriers cannot collect portions of noneconomic damage awards, such as emotional distress or losses that an employee could not sue ...
Source: BestWire   Date: November 18, 2025
Subscription or Purchase Required

AM Best Revises Outlooks to Positive for The Doctors Company, An Interinsurance Exchange and Subsidiaries
See below for a list of companies. The Credit Ratings (ratings) of TDC reflect the group's balance sheet strength, which AM Best assesses as strongest, as well as its adequate ...
Source: BestWire   Date: September 30, 2025
AM Best Affirms Credit Ratings of ProAssurance Group Members and ProAssurance Corporation
Ratings (ratings) is stable. All companies are indirect subsidiaries of PRA. (See below for a detailed listing of subsidiaries and indicative Long-Term IRs.) The ratings of ...
Source: BestWire   Date: July 9, 2025
ProAssurance Shareholders Approve Sale to The Doctors Co.
Form 8-K filed with the U.S. Securities and Exchange Commission. A non-binding proposal on compensation to be paid by ProAssurance to named executives in connection with the merger ...
Source: BestWire   Date: June 25, 2025
Subscription or Purchase Required

The Doctors Co. to Acquire ProAssurance for $1.3 Billion
New York Stock Exchange. The combined company's total assets will be approximately $12 billion. The board of directors of ProAssurance has unanimously approved the transaction and ...
Source: BestWire   Date: March 19, 2025
Subscription or Purchase Required

AM Best Comments on Credit Ratings of The Doctors Company Insurance Group Members Following Announced Acquisition of ProAssurance Corporation
Corporation (PRA) (NYSE: PRA) (Birmingham, AL). The outlook of TDC Group's Credit Ratings (ratings) is stable. The ratings reflect TDC Group's balance sheet strength, which AM Best ...
Source: BestWire   Date: March 19, 2025
AM Best Comments on Credit Ratings of ProAssurance Group Members and ProAssurance Corporation Following Announced Acquisition by The Doctors Company Insurance Group
Doctors Company Insurance Group (TDC Group). The outlook of ProAssurance's Credit Ratings (ratings) is stable. The ratings reflect ProAssurance's balance sheet strength, which AM ...
Source: BestWire   Date: March 19, 2025
ProAssurance Fourth-Quarter Net Income Up on Higher Renewal Pricing
Ned Rand, president and chief executive officer. "We continue to forgo renewal and new business opportunities that we believe do not meet our expectation of rate adequacy in the ...
Source: BestWire   Date: February 24, 2025
Subscription or Purchase Required

ProAssurance Rebounds to $16.4 Million Third-Quarter Net Income While Rates Rise
Executive Officer Ned Rand said in a statement. Rates rose 13% in the specialty property/casualty segment, which largely consists of medical professional liability business. Since ...
Source: BestWire   Date: November 8, 2024
Subscription or Purchase Required

Higher Investment Yields Lift ProAssurance Second-Quarter Net Income
Chief Executive Officer Ned Rand. Net premiums written increased 5.2% to total $202.91 million during the quarter. The medical professional liability line of business, which ...
Source: BestWire   Date: August 8, 2024
Subscription or Purchase Required

AM Best Affirms Credit Ratings of ProAssurance Group Members and ProAssurance Corporation
All companies are indirect subsidiaries of PRA. (See below for a detailed listing of subsidiaries and indicative Long-Term IRs.) The ratings of ProAssurance Group reflect its ...
Source: BestWire   Date: June 20, 2024
ProAssurance CEO: Carrier Messaging Can Help Battle Social Inflation
The combined ratio improved to 111.6 from 113.9. Net premiums written rose 0.8% to $282.7 million (BestWire, May 6, 2024). Workers' compensation is another large line for ...
Source: BestWire   Date: May 8, 2024
Subscription or Purchase Required

ProAssurance Swings to First-Quarter Net Profit
The combined ratio improved to 111.6 from 113.9 a year earlier, according to an earnings statement. ProAssurance reported that new business rose 7% to $20 million and net ...
Source: BestWire   Date: May 6, 2024
Subscription or Purchase Required

ProAssurance 4Q Net Income Falls; CEO Cites Costlier Workers' Comp Claims
Rand said in a statement. "At the same time, we continue to walk away from business that fails to meet our pricing goals or underwriting standards and retain existing insureds at ...
Source: BestWire   Date: February 28, 2024
Subscription or Purchase Required

ProAssurance CEO: Medical Inflation Is Creeping Into Workers’ Compensation Claims
President Kevin Shook said. Rand said that helps it to recognize trends more quickly. And, during an inflationary period, it ultimately reduces costs because quicker claims ...
Source: BestWire   Date: August 9, 2023
Subscription or Purchase Required

AM Best Affirms Credit Ratings of ProAssurance Corp and Core Members of ProAssurance Group; Upgrades Ratings of NORCAL and Subs
The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies' ratings.) The ratings of ProAssurance Group reflect its balance sheet ...
Source: BestWire   Date: May 23, 2023
ProAssurance Widens First-Quarter Net Loss on Jury Awards
President and Chief Executive Officer Ned Rand. ProAssurance widened its first-quarter net loss to $6.2 million from a $3.6 million net loss a year earlier. This year, juries have ...
Source: BestWire   Date: May 11, 2023
Subscription or Purchase Required

Proassurance Fourth-Quarter Net Income Falls on Increasing Competition, Loss Severity Trends
For the quarter, the combined ratio rose to 104.2, compared with 97 a year earlier, the company reported. Chief Financial Officer Dana Hendricks attributed the rise in the combined ...
Source: BestWire   Date: February 28, 2023
Subscription or Purchase Required


Page: 1 2 3 4 5 6 7 8 9 10 next >>