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Proassurance Cp (PRA) Stock News

PRA NYSE

Welcome to our dedicated page for Proassurance Cp news (Ticker: PRA), a resource for investors and traders seeking the latest updates and insights on Proassurance Cp stock.

ProAssurance Corporation reports developments tied to its property and casualty insurance holding company operations. Its insurance subsidiaries provide professional liability coverage for healthcare professionals and facilities, professional liability coverage for attorneys, and workers' compensation insurance.

Company news commonly covers operating and financial results, investment portfolio updates, capital-structure disclosures, governance matters, and segment-level activity across Specialty Property and Casualty, Workers' Compensation, Segregated Portfolio Cell Reinsurance, and Corporate reporting areas.

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Flagstar Bank (NYSE: FLG) declared a quarterly cash dividend of $0.01 per share on its common stock, payable September 17, 2026, to shareholders of record on September 7, 2026. The Board also approved quarterly dividends on Series A, B and D preferred/convertible shares.

According to Flagstar Bank, Series A Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock (NYSE: FLG PRA) will receive $15.94 per preferred share, or $0.3984 per depositary share. Series B Noncumulative Convertible Preferred Stock and Series D Non-Voting Common Equivalent Stock will each receive $3.3333 per share, all payable September 17, 2026, to holders of record on September 7, 2026. At June 30, 2026, the Bank reported $87.7 billion in assets, $61.2 billion in loans, $67.5 billion in deposits and $8.1 billion in total stockholders' equity.

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The Doctors Company has completed its acquisition of ProAssurance (NYSE: PRA), a specialty medical liability and workers' compensation insurer, for $25.00 per share in cash, valuing the deal at about $1.3 billion.

The combined company will protect over 200,000 healthcare professionals and organizations and hold $12 billion in assets. ProAssurance will be deregistered with the SEC, delisted from the NYSE, and operated as a wholly owned subsidiary while its optimal structure is reviewed.

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NETSTREIT (NYSE: NTST) will join the S&P SmallCap 600, replacing ProAssurance (NYSE: PRA), effective before the market opens on June 29, 2026. The change follows a pending cash acquisition of ProAssurance by The Doctors Company, subject to final closing conditions.

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NexPoint Real Estate Finance (NYSE: NREF PRA) declared a dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock. The dividend is $0.53125 per share, payable on July 27, 2026 to stockholders of record as of July 15, 2026.

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abrdn Income Credit Strategies Fund (NYSE: ACP PRA) declared a quarterly cash distribution of $0.328125 per Series A Preferred share, payable June 30, 2026, to holders of record on June 18, 2026.

The 5.25% Series A Preferred carries an annual dividend rate of $1.3125 on the original $25 issue price and is rated A2 by Moody's.

Distributions may include income, capital gains, or return of capital; final tax character will be reported on Form 1099-DIV in January 2027.

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MetLife (NYSE: MET) declared second quarter 2026 preferred stock dividends on three series. Holders of Series A (MET PRA) will receive $0.31190376 per share. Series E (MET PRE) depositary shares pay $0.3515625 each, and Series F (MET PRF) depositary shares pay $0.296875 each.

All dividends are payable June 15, 2026, to shareholders of record as of May 29, 2026.

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PennyMac Mortgage Investment Trust (NYSE: PMT) declared second quarter 2026 cash dividends on its preferred shares. The 8.125% Series A (PMT PRA) will pay $0.507813 per share, the 8.000% Series B (PMT PRB) $0.500000, and the 6.750% Series C (PMT PRC) $0.421875.

All three series have a record date of June 1, 2026, and a payment date of June 15, 2026.

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ProAssurance (NYSE: PRA) reported Q1 2026 net income of $8.5 million ($0.16 diluted) and Non-GAAP operating income of $12.7 million ($0.25 diluted). Consolidated net premiums written were $258.6 million. Consolidated Non-GAAP combined ratio improved to 109.9%. Book value per share was $25.94 and Non-GAAP adjusted book value per share was $27.86. The company continues to pursue a pending transaction with The Doctors Company, anticipating closing by June 30, 2026, subject to remaining state insurance regulator approvals.

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Flagstar Bank (NYSE: FLG) declared quarterly cash dividends for common and three preferred series, payable June 17, 2026, to holders of record as of June 7, 2026.

The Board set a $0.01 per-share common dividend and quarterly preferred dividends: Series A $15.94 per share ($0.3984 per depositary share), Series B $3.3333 per share, and Series D $3.3333 per share. At March 31, 2026, the bank reported $87.1B assets, $60.7B loans, $66.8B deposits, and $8.1B stockholders' equity.

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abrdn Income Credit Strategies Fund (NYSE: ACP PRA) declared a quarterly cash distribution of $0.328125 per Series A perpetual preferred share, payable March 31, 2026, to holders of record March 20, 2026 (ex-dividend March 20, 2026).

The Series A preferred carries an annual dividend rate of $1.3125, was issued May 10, 2021 at $25.00, and is rated A2 by Moody's. Distributions may include income, capital gains, or return of capital. A Form 1099-DIV for 2026 will be sent in January 2027 detailing tax composition.

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FAQ

What is the current stock price of Proassurance Cp (PRA)?

The current stock price of Proassurance Cp (PRA) is $25 as of July 27, 2026.

What is the market cap of Proassurance Cp (PRA)?

The market cap of Proassurance Cp (PRA) is approximately 1.3B.