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	<title>Stock Blog Hub &#187; PRA</title>
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		<title>(PRA) ProAssurance Corporation &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2012/02/14/pra-proassurance-corporation-bull-of-the-day/91656</link>
		<comments>http://www.stockbloghub.com/2012/02/14/pra-proassurance-corporation-bull-of-the-day/91656#comments</comments>
		<pubDate>Tue, 14 Feb 2012 13:41:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91656</guid>
		<description><![CDATA[We are upgrading our recommendation on ProAssurance Corp. (PRA) to Outperform, based on the company&#8217;s premium growth, stable ratings and improved ROE. The company&#8217;s third-quarter earnings surpassed the Zacks Consensus Estimate on the back of higher premiums. Consequently, operating cash flow and assets also improved, driving the book value of shares upward and leading to initiation of a cash dividend. Higher operating cash flow is also likely to translate into enhanced operating leverage and excess capital generation for share repurchases. We believe the benefits of geographic diversity, aggressive claims defense and strong financial position are likely to have a positive impact over time. Our six-month target price of $101.00 per share equates to about 14.8x our earnings estimate for 2011. Combined with the $1.00 per share annual dividend, this target ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/14/pra-proassurance-corporation-bull-of-the-day/91656/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PNX) Insurance Industry Stock Update &#8211; February 2012 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2012/02/13/pnx-insurance-industry-stock-update-february-2012-industry-outlook/91567</link>
		<comments>http://www.stockbloghub.com/2012/02/13/pnx-insurance-industry-stock-update-february-2012-industry-outlook/91567#comments</comments>
		<pubDate>Mon, 13 Feb 2012 17:36:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[ACE]]></category>
		<category><![CDATA[ACE Limited]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[Amerisafe Inc.]]></category>
		<category><![CDATA[AMSF]]></category>
		<category><![CDATA[Axis Capital Holdings Limited]]></category>
		<category><![CDATA[AXS]]></category>
		<category><![CDATA[CINF]]></category>
		<category><![CDATA[Cinnati Financial Corporation]]></category>
		<category><![CDATA[Endurance Specialty Holdings Limited]]></category>
		<category><![CDATA[ENH]]></category>
		<category><![CDATA[HMN]]></category>
		<category><![CDATA[Horace Mann Educators Corporation]]></category>
		<category><![CDATA[L]]></category>
		<category><![CDATA[Loews Corporation]]></category>
		<category><![CDATA[Manulife Financial Corporation]]></category>
		<category><![CDATA[Markel Corporation]]></category>
		<category><![CDATA[Meadowbrook Insurance Group Inc]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[MFC]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MIG]]></category>
		<category><![CDATA[MKL]]></category>
		<category><![CDATA[MTG]]></category>
		<category><![CDATA[OB]]></category>
		<category><![CDATA[OneBeacon Insurance Group]]></category>
		<category><![CDATA[PGR]]></category>
		<category><![CDATA[Phoenix Companies Inc.]]></category>
		<category><![CDATA[PNX]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>
		<category><![CDATA[Progressive Corporation]]></category>
		<category><![CDATA[PRU]]></category>
		<category><![CDATA[Prudential Financial Inc.]]></category>
		<category><![CDATA[RenaissanceRe Holdings Limited]]></category>
		<category><![CDATA[RNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91567</guid>
		<description><![CDATA[The impact of a series of natural disasters in 2011 and the ongoing economic uncertainty is still quite palpable in the performance of U.S. insurers. These impediments aside, there are fundamental challenges that are expected to come in the way insurers’ efforts to meet growing investor expectations in the upcoming quarters. Among the possible way outs of such difficulties, rising rates and pricing flexibility are primary. The overall health of the U.S. insurance industry has improved to some extent in the recent quarters, after enduring pricing pressures and reduced insured exposure for quite some time. The market turmoil resulting from the Great Recession forced many companies to take immense write-downs, but those memories are fast becoming a thing of the past. That said, continued soft market conditions, shrinking businesses, a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/13/pnx-insurance-industry-stock-update-february-2012-industry-outlook/91567/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ALL) Allstate Aquires Esurance and Answer Financial from White Mountains Insurance Group</title>
		<link>http://www.stockbloghub.com/2011/10/13/all-allstate-aquires-esurance-and-answer-financial-from-white-mountains-insurance-group/85007</link>
		<comments>http://www.stockbloghub.com/2011/10/13/all-allstate-aquires-esurance-and-answer-financial-from-white-mountains-insurance-group/85007#comments</comments>
		<pubDate>Thu, 13 Oct 2011 16:32:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[ALL]]></category>
		<category><![CDATA[Allstate Corporation]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[PGR]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>
		<category><![CDATA[Progressive Corporation]]></category>
		<category><![CDATA[The Travelers Companies Inc.]]></category>
		<category><![CDATA[TRV]]></category>
		<category><![CDATA[White Mountains Insurance Group Limited]]></category>
		<category><![CDATA[WTM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85007</guid>
		<description><![CDATA[On Friday, Allstate Corp. (ALL) announced the completion of the acquisition of Esurance and Answer Financial from White Mountains Insurance Group Ltd. (WTM) for $1.0 billion. This marks the next biggest acquisition for the company since 1999, when it bought American Heritage Life Investment Corp., a life insurance company specializing in the workplace, for $1.1 billion. The impact of the acquisition on earnings is expected to be break-even by the second full year of ownership and accretive thereafter. While Answer Financial was acquired by Esurance three years ago, Esurance was acquired by White Mountains in 2009. Esurance is the third largest online auto insurer that has more than doubled its policies-in-force and grown premiums on an average of 20% per year over the last five years. Meanwhile, Answer Financial is ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/13/all-allstate-aquires-esurance-and-answer-financial-from-white-mountains-insurance-group/85007/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MCO) Insurance Industry Stock Update &#8211; September 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/10/05/mco-insurance-industry-stock-update-september-2011-industry-outlook/84611</link>
		<comments>http://www.stockbloghub.com/2011/10/05/mco-insurance-industry-stock-update-september-2011-industry-outlook/84611#comments</comments>
		<pubDate>Wed, 05 Oct 2011 16:11:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AFSI]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[American Safety Insurance Holdings Limited]]></category>
		<category><![CDATA[Amerisafe Inc.]]></category>
		<category><![CDATA[AMSF]]></category>
		<category><![CDATA[Amtrust Financial Services Inc (NY)]]></category>
		<category><![CDATA[ASI]]></category>
		<category><![CDATA[CI]]></category>
		<category><![CDATA[CIGNA Corporation]]></category>
		<category><![CDATA[CNO]]></category>
		<category><![CDATA[Conseco Inc.]]></category>
		<category><![CDATA[Eastern Insurance Holdings Inc]]></category>
		<category><![CDATA[EIHI]]></category>
		<category><![CDATA[FAF]]></category>
		<category><![CDATA[FBL Financial Group Inc.]]></category>
		<category><![CDATA[FFG]]></category>
		<category><![CDATA[First American Corporation]]></category>
		<category><![CDATA[HMN]]></category>
		<category><![CDATA[Horace Mann Educators Corporation]]></category>
		<category><![CDATA[Investors Title Company]]></category>
		<category><![CDATA[ITIC]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[MCY]]></category>
		<category><![CDATA[Mercury General Corporation]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>
		<category><![CDATA[RLI]]></category>
		<category><![CDATA[RLI Corporation]]></category>
		<category><![CDATA[SBX]]></category>
		<category><![CDATA[SeaBright Insurance Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=84611</guid>
		<description><![CDATA[Despite a series of natural disasters and consequent above-average losses, the U.S. insurance industry could rebound only with help from rising rates and reduced pricing pressure. Though financials of U.S. insurance companies are still not strong enough to soak up losses from catastrophic events such as the recent Hurricane Irene, which affected a wide area of the U.S. East Coast, tight market conditions and a favorable rate environment on steady demand growth could significantly offset the damages. Moreover, the financial dent caused by Hurricane Irene has been milder than what the market had presumed. It wasn&#8217;t as bad as it could have been due to perfect weather forecasts and rapid emergency actions. So the damage is expected to be mended in the near-to-mid term. After enduring stress with respect to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/05/mco-insurance-industry-stock-update-september-2011-industry-outlook/84611/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PRA) ProAssurance Gets Rating Endorsement</title>
		<link>http://www.stockbloghub.com/2011/06/16/pra-proassurance-gets-rating-endorsement/76479</link>
		<comments>http://www.stockbloghub.com/2011/06/16/pra-proassurance-gets-rating-endorsement/76479#comments</comments>
		<pubDate>Thu, 16 Jun 2011 14:29:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Flagstone Reinsurance Holdings Limited]]></category>
		<category><![CDATA[FSR]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76479</guid>
		<description><![CDATA[Yesterday, ProAssurance Corp. (PRA) stated that the financial strength ratings (FSR) of the company and its subsidiaries have been asserted by rating agency A.M. Best. Accordingly, the rating agency has affirmed the &#8220;A” (Excellent) rating, which was assigned to ProAssurance Group, ProAssurance Casualty, ProAssurance Indemnity, ProAssurance Specialty, American Physicians Insurance Company (APS) and the Podiatry Insurance Company of America. Additionally, the company’s other subsidiaries, namely, ProAssurance National Casualty, ProAssurance Wisconsin and PACO Assurance were affirmed at &#8220;A-&#8221; (Excellent). The outlook for the FSR of ProAssurance National has further been upgraded to positive from stable. The ratings are based on ProAssurance’s financial strength, unmatched expertise in claims handling, skilled underwriting, and innovative risk management has provided significant support in the changing healthcare scenario. Moreover, the acquisition of APS is expected to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/16/pra-proassurance-gets-rating-endorsement/76479/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ALL) Allstate Boosts Online Insurance</title>
		<link>http://www.stockbloghub.com/2011/05/24/all-allstate-boosts-online-insurance/74574</link>
		<comments>http://www.stockbloghub.com/2011/05/24/all-allstate-boosts-online-insurance/74574#comments</comments>
		<pubDate>Tue, 24 May 2011 17:54:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[ALL]]></category>
		<category><![CDATA[Allstate Corporation]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKA]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>
		<category><![CDATA[The Travelers Companies Inc.]]></category>
		<category><![CDATA[TRV]]></category>
		<category><![CDATA[White Mountains Insurance Group Limited]]></category>
		<category><![CDATA[WTM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74574</guid>
		<description><![CDATA[In an attempt to expand its online home-auto sales, on Wednesday, Allstate Corp. (ALL) announced the acquisition of Ensurance and Answer Financial from White Mountains Insurance Group Ltd. (WTM) for approximately $1.0 billion. The deal was valued at $700 million along with the tangible book value of the entities acquired at the closing date. The total is broadly summed at $1.0 billion. Subject to regulations, the deal is expected to culminate by the third quarter of 2011. The impact of acquisition on earnings is expected to be break-even by the second full year of ownership and accretive after that. Esurance sells auto insurance directly to online customers and offers auto insurance quotes through call centers. With 839,000 policies at the end of 2010, it is the third largest online auto ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/24/all-allstate-boosts-online-insurance/74574/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PRA) ProAssurance Corporation &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/03/03/pra-proassurance-corporation-bear-of-the-day/67694</link>
		<comments>http://www.stockbloghub.com/2011/03/03/pra-proassurance-corporation-bear-of-the-day/67694#comments</comments>
		<pubDate>Thu, 03 Mar 2011 15:25:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67694</guid>
		<description><![CDATA[We are downgrading our recommendation on ProAssurance Corp. (PRA) from Neutral to Underperform, owing to the decline in net premiums and increased total expenses, which also resulted in the deterioration of the top line and the combined ratio. In addition, third quarter earnings declined year over year, though in line with the Zacks Consensus Estimate. Though the company has significantly expanded its footprint with the recent acquisition of American Physicians Service Group, and deployed sufficient capital through share repurchases, we believe price competition, loss cost trends and regulatory challenges limit the desired upside in the sector. While the benefits of geographic diversity and strong financial position are likely to impact over time, we believe the inherent threats of the company will weigh on the performance in the near term. PROASSURANCE ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/03/pra-proassurance-corporation-bear-of-the-day/67694/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PRA) ProAssurance Announces Repurchase of Shares</title>
		<link>http://www.stockbloghub.com/2010/11/17/pra-proassurance-announces-repurchase-of-shares/59445</link>
		<comments>http://www.stockbloghub.com/2010/11/17/pra-proassurance-announces-repurchase-of-shares/59445#comments</comments>
		<pubDate>Thu, 18 Nov 2010 05:17:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[American Physicians Service Group Inc]]></category>
		<category><![CDATA[AMPH]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59445</guid>
		<description><![CDATA[In order to return value to its shareholders, the board of directors of ProAssurance Corporation (PRA) authorized a new program of $200 million to repurchase ProAssurance’s shares or retire outstanding debt, effective immediately. However, ProAssurance stated that the timing and quantity of the purchases will depend on market conditions and liquidity. Moreover, the share repurchases will be subject to limitations under applicable securities laws and regulations and the rules of the New York Stock Exchange. In addition to this new authorization, ProAssurance had approximately $11.2 million remaining under a previous share repurchase authorization approved in September 2009. Also, during the third quarter of 2010, ProAssurance repurchased approximately 975,000 shares of its common stock for about $55.3 million. ProAssurance has been constantly repurchasing shares since April 2007 and has purchased 5.7 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/17/pra-proassurance-announces-repurchase-of-shares/59445/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AMPH) American Physicians Service Group Earnings Beat Estimates</title>
		<link>http://www.stockbloghub.com/2010/08/03/amph-american-physicians-service-group-earnings-beat-estimates/46219</link>
		<comments>http://www.stockbloghub.com/2010/08/03/amph-american-physicians-service-group-earnings-beat-estimates/46219#comments</comments>
		<pubDate>Tue, 03 Aug 2010 16:03:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[American Physicians Service Group Inc]]></category>
		<category><![CDATA[AMPH]]></category>
		<category><![CDATA[CNA]]></category>
		<category><![CDATA[CNA Financial Corporation]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=46219</guid>
		<description><![CDATA[American Physicians Service Group Inc.’s (AMPH) second-quarter operating earnings of 88 cents per share comfortably surpassed the Zacks Consensus Estimate of 68 cents per share. The company had earned 82 cents per share in the prior-year quarter. The improvement in results reflects the decrease in total expenses and revenue growth, partially offset by a decline in net premium earned. Further, the company experienced strong policyholder retention and a decrease in pending claims. Quarter in Detail Including the after-tax effects of realized investment gains and losses and other-than-temporary impairments, American Physicians earned a net income of $6.2 million or 90 cents per share in the quarter, compared with a net income of $4.9 million or 70 cents per share in the prior-year period. Revenues were up 3% year over year at ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/03/amph-american-physicians-service-group-earnings-beat-estimates/46219/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PRE) PartnerRe Ltd. Earns Debt Rating From A.M. Best</title>
		<link>http://www.stockbloghub.com/2010/06/18/pre-partnerre-ltd-earns-debt-rating-from-a-m-best/40778</link>
		<comments>http://www.stockbloghub.com/2010/06/18/pre-partnerre-ltd-earns-debt-rating-from-a-m-best/40778#comments</comments>
		<pubDate>Fri, 18 Jun 2010 17:50:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Montpelier Re Holdings Limited]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[MRH]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[PRE]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>
		<category><![CDATA[PRU]]></category>
		<category><![CDATA[Prudential Financial Inc.]]></category>
		<category><![CDATA[SFG]]></category>
		<category><![CDATA[StanCorp Financial Group Inc.]]></category>
		<category><![CDATA[TMK]]></category>
		<category><![CDATA[Torchmark Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=40778</guid>
		<description><![CDATA[On Thursday, PartnerRe Ltd. (PRE) got its issuer credit rating (ICR) of &#8220;a-&#8221; and debt ratings affirmed by rating agency, A.M. Best, reflecting a stable outlook for all. Alongside A.M. Best has also affirmed the ICR of &#8220;aa-&#8221; and the financial strength rating (FSR) of &#8220;A+&#8221; (Superior) for the whole PartnerRe Group, which includes the company&#8217;s subsidiaries as well. The stable ratings outlook reflects the overall operational synergies of PartnerRe in order to augment its long-term growth profile. The steady growth in net investments remains significant and positive, implying the strong cash position of the company. This is due to the growth of net investment income drawn on the basis of strong positive cash flow from operations and a straightforward portfolio of fixed income and equity securities that steer clear ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/18/pre-partnerre-ltd-earns-debt-rating-from-a-m-best/40778/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PRA) ProAssurance Corporation&#8217;s Quarterly Earnings Beat on Revenues</title>
		<link>http://www.stockbloghub.com/2010/05/06/pra-proassurance-corporations-quarterly-earnings-beat-on-revenues/36414</link>
		<comments>http://www.stockbloghub.com/2010/05/06/pra-proassurance-corporations-quarterly-earnings-beat-on-revenues/36414#comments</comments>
		<pubDate>Thu, 06 May 2010 20:38:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=36414</guid>
		<description><![CDATA[ProAssurance Corporation’s (PRA) first-quarter operating earnings of $1.21 per share were 10 cents ahead of the Zacks Consensus Estimate of $1.11. This also compares favorably with the earnings of 99 cents in the prior-year quarter. Earnings for the quarter benefited from a 25.2% year-over-year growth in revenues, primarily due to recent acquisitions. However, the better-than-expected top-line was partly offset by an 18.1% increase in total expenses. Net income in the quarter was $38.1 million or $1.16 per share, compared with $28.4 million or 84 cents in the prior-year quarter. Operating income excludes the after-tax effects of net realized gains or losses and guaranty fund assessments or recoupments. During the reported quarter, the effect of adjustment to net income was 5 cents per share, compared with 15 cents in the year-ago ]]></description>
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		<title>(PRA) ProAssurance Tops Consensus Views</title>
		<link>http://www.stockbloghub.com/2010/02/28/pra-proassurance-tops-consensus-views/29032</link>
		<comments>http://www.stockbloghub.com/2010/02/28/pra-proassurance-tops-consensus-views/29032#comments</comments>
		<pubDate>Mon, 01 Mar 2010 04:38:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29032</guid>
		<description><![CDATA[ProAssurance Corporation’s (PRA) fourth quarter operating earnings of $2.42 per share were substantially ahead of the Zacks Consensus Estimate of $1.29. This also compares favorably with the earnings of $2.36 in the prior-year quarter. Earnings for the quarter were benefited by a 34.8% year-over-year growth in revenues, primarily due to recent acquisitions. However, the better-than-expected top-line was partly offset by a 141.0% increase in total expenses. Net income in the quarter was $84.6 million or $2.58 per share, compared to $76.3 million or $2.26 in the prior-year quarter. Gross written premiums for the quarter increased 22.8% year-over-year to $119.2 million. ProAssurance’s retention of its existing business in its historical medical liability book increased to 89% in 2009 from 88% in 2008. The PICA Group&#8217;s (PICA) retention rate for its medical ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PRA) ProAssurance Outperforms Consensus Estimates</title>
		<link>http://www.stockbloghub.com/2009/11/04/pra-proassurance-outperforms-consensus-estimates/19561</link>
		<comments>http://www.stockbloghub.com/2009/11/04/pra-proassurance-outperforms-consensus-estimates/19561#comments</comments>
		<pubDate>Thu, 05 Nov 2009 00:25:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19561</guid>
		<description><![CDATA[ProAssurance Corp.’s (PRA) third-quarter operating earnings of $1.58 per share was substantially ahead of the Zacks Consensus Estimate of $1.23. This also compares favorably with the earnings of $1.31 per share in the prior-year quarter. The company’s earnings benefitted from a 54.6% year-over-year growth in revenues, primarily due to recent acquisitions. However, the better-than-expected top-line was partly offset by a 13.5% increase in total expenses. Net income in the quarter was $55.2 million or $1.67 per share, compared to $22.2 million or 66 cents per share in the prior-year quarter. Gross written premiums during the quarter increased 33.6% year over year to $168.6 million. The PICA Group, which writes approximately 50% of ProAssurance’s business in the third quarter, accounted for $43.1 million of new business. The improvement in income from ]]></description>
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		<title>(PRA) ProAssurance Corporation &#8211; Surprised by 43.40% in the Second Quarter</title>
		<link>http://www.stockbloghub.com/2009/10/03/pra-proassurance-corporation-surprised-by-43-40-in-the-second-quarter/16514</link>
		<comments>http://www.stockbloghub.com/2009/10/03/pra-proassurance-corporation-surprised-by-43-40-in-the-second-quarter/16514#comments</comments>
		<pubDate>Sat, 03 Oct 2009 21:56:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=16514</guid>
		<description><![CDATA[ProAssurance Corporation (PRA) saw revenues rise 14.4% in the second quarter as premiums increased. The company has surprised on estimates 3 out of 4 quarters by an average of 34.28%. PRA is trading with a forward P/E of 13.96. Company Description ProAssurance is the fifth largest writer of medical professional liability insurance in the United States. The company insures physicians, dentists, podiatrists, allied health professionals, health care facilities, and lawyers. ProAssurance Surprised by 43.40% in the Second Quarter On Aug 3, ProAssurance reported second quarter results that easily beat the Zacks Consensus Estimate. Earnings per share were $1.52 compared to Zacks Consensus Estimate of $1.06. Revenues climbed 14.4% to $175.2 million from $153.1 million in the year ago period. Gross Written Premiums increased 27% from the second quarter of 2008. ]]></description>
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		<title>(PRA) ProAssurance Corporation to Buy Back More Stock and Debt</title>
		<link>http://www.stockbloghub.com/2009/09/11/pra-proassurance-corporation-to-buy-back-more-stock-and-debt/14971</link>
		<comments>http://www.stockbloghub.com/2009/09/11/pra-proassurance-corporation-to-buy-back-more-stock-and-debt/14971#comments</comments>
		<pubDate>Fri, 11 Sep 2009 23:17:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[PRA]]></category>
		<category><![CDATA[ProAssurance Corp.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14971</guid>
		<description><![CDATA[ProAssurance Corporation (PRA) said Thursday that its Board has authorized an additional $100 million to repurchase its stock or retire outstanding debt. The current repurchase program is the addition to the company’s $31.3 million remaining repurchase authorizations. Since April 2007 ProAssurance has purchased 3.6 million shares at a cost of $177.8 million and used $40.9 million to retire debt. The total retirement of debt includes $7 million in surplus notes retired recently with respect to its acquisition of the PICA Group. Prudent capital management is a key strength for ProAssurance. The company deploys capital in an effective manner mainly through its stock buyback program. As the company is currently comfortable with its capital position, we anticipate the repurchase activities to continue in the coming quarters. As of December 31, 2008, ]]></description>
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