Company Directory - ProAssurance Corporation
Company Details - ProAssurance Corporation
ProAssurance Corporation
WebsiteProAssurance Corporation is a leader in providing professional liability insurance for healthcare providers, specializing in coverage tailored to the unique risks faced by medical professionals. The company aims to protect the assets of its clients while providing risk management solutions that enhance patient safety and reduce liability exposure.
CCI Score
CCI Score: ProAssurance Corporation
-4.67
0.01%
Latest Event
Legal Settlement Highlights Investor Deception
Robbins Geller Rudman & Dowd LLP secured a $28 million recovery for ProAssurance Corporation investors following allegations that the company, along with certain executives, misled investors by concealing deviations from its conservative underwriting and reserve practices in connection with a risky insurance policy.
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BYSTANDER
ProAssurance Corporation is currently rated as a Bystander.
Latest Events
- JAN172024
Robbins Geller Rudman & Dowd LLP secured a $28 million recovery for ProAssurance Corporation investors following allegations that the company, along with certain executives, misled investors by concealing deviations from its conservative underwriting and reserve practices in connection with a risky insurance policy.
-30
Business Practices and Ethical Responsibility
April 7
ProAssurance allegedly concealed deviations from its stated conservative underwriting and reserve practices, misleading investors and undermining corporate transparency and accountability. Such deceptive business practices harm trust in corporate governance, falling under unethical business practices.
Robbins Geller Secures $28 Million Recovery for ProAssurance Investors
- OCT012023
ProAssurance Corporation's published governance documents reaffirm its commitment to high ethical standards and transparent corporate practices, aligning the interests of directors, management, and shareholders.
+20
Business Practices and Ethical Responsibility
April 7
The governance documents emphasize ProAssurance's dedication to high ethical standards and transparency in its business operations. This commitment supports responsible business practices and accountability, aligning with progressive corporate ethics, even though there is no direct engagement in political behavior or labor activism.
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