ProAssurance Corporation is a specialty insurer with over $3.4 billion in assets and almost $573 million in gross written premiums.
We were formed by the combination of Medical Assurance, Inc. and Professionals Group, Inc. in June 2001.
As the nation's fifth largest active writer of medical professional liability insurance, our subsidiaries, The Medical Assurance Company, Inc.,
Woodbrook Casualty Insurance Company (formerly Medical Assurance of West Virginia, Inc.), ProNational Insurance Company, NCRIC, Inc., Physicians
Insurance Company of Wisconsin, Inc., and Red Mountain Casualty Insurance Company, Inc. are recognized leaders in developing solutions
which serve the needs of the evolving health care industry.
A.M. Best assigns a rating of "A-" (Excellent) to the ProAssurance Group and our principal professional liability subsidiaries,
except NCRIC, Inc. which is rated B++ (Very Good).
Standard & Poor's assigns a rating of "A-" ("Strong") to ProAssurance
and our principal professional liability subsidiaries, except NCRIC, Inc. which is rated "BBB+" ("Good").
Fitch assigns a rating of "A-" to The Medical Assurance Company and ProNational Insurance Company.