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ProAssurance Shareholders Agree to $1.3 Billion Buyout Proposal
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ProAssurance Shareholders Agree to $1.3 Billion Buyout Proposal
Jun 24, 2025 1:49 PM

04:37 PM EDT, 06/24/2025 (MT Newswires) -- ProAssurance ( PRA ) late Tuesday said its shareholders voted overwhelmingly to approve the proposed acquisition of the specialty insurance carrier by The Doctors Company.

More than 99% of shares voted were in favor of the $1.3 billion proposal, the company said.

The deal announced on March 19 still is subject to completion of regulatory approvals and other customary conditions and is expected to close in the first half of 2026.

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