June 6, 2019
Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of Birmingham, Ala.-based ProAssurance Corporation’s (PRA) subsidiaries at ‘A’ and downgraded its senior unsecured debt to ‘BBB’ from ‘BBB+’ and its Issuer Default Rating (IDR) to ‘BBB+’ from ‘A-‘. The …
January 23, 2018
ProAssurance Corporation, based in Birmingham, Ala., has promoted Edward L. “Ned” Rand, Jr. to chief operating officer. In this newly created position, Rand will be responsible for the day-to-day operations of ProAssurance, reporting directly to Stan Starnes, chairman and chief …
June 20, 2013
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit ratings (ICR) to “aa-” from “a+” of the subsidiaries of ProAssurance Corporation (PRA). These include: ProAssurance Casualty Company, based in …