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PROASSURANCE CORP Earnings Release 2010

Feb 24, 2010

32066_rns_2010-02-24_95670468-1602-4105-9e36-5fb6ef0c562a.zip

Earnings Release

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| SECURITIES
AND EXCHANGE COMMISSION |
| --- |
| Washington,
D.C. 20549 |
| FORM
8-K |
| CURRENT
REPORT |
| Pursuant
to Section 13 or 15(d) of the Securities |
| Exchange
Act of 1934 |
| Date
of Report (Date of earliest event reported): February 24,
2010 |
| ● |
| ProAssurance
Corporation |
| (Exact
name of registrant as specified in its
charter) |

Delaware 001-16533 63-1261433
(State
of Incorporation) (Commission
File No.) (IRS
Employer I.D. No.)

| 100
Brookwood Place, Birmingham, Alabama | 35209 |
| --- | --- |
| (Address
of Principal Executive Office ) | (Zip
code) |

Registrant’s telephone number, including area code: (205) 877-4400

| Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions: | |
| --- | --- |
| ¨ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425) |
| ¨ | Soliciting
material pursuant to Rule 14a-12 under the Securities Act (17 CFR
240.14a-12) |
| ¨ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange
Act (17CFR
240.14d-2(b)) |
| ¨ | Pre-commencement
communications pursuant to Rule 13e-(c) under the Exchange
Act (17CFR
240.13e-(c)) |

ITEM 2.02 RESULTS OF OPERATION AND FINANCIAL CONDITION

On February 24, 2010 we filed a news release reporting the results of our operations for the year and quarter ended December 31, 2009. The text of the release is furnished as Exhibit 99.1 to this Current Report on Form 8K.

The information we are furnishing under Item 2.02 of this Current Report on Form 8K, including Exhibit 99.1, is not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 (the “Exchange Act”) as amended, or otherwise subject to the liability of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.

ITEM 7.01 REGULATION FD DISCLOSURES

In this item we are highlighting our disclosure, in Exhibit 99.1, that we have updated our online disclosure of our entire investment portfolio to provide details of our holdings through December 31, 2009. The disclosure is available under Supplemental Investor Information in the Investor Relations section of our website, www.ProAssurance.com . The direct link to the Supplemental Investor Information page is: www.proassurance.com/investorrelations/supplemental.aspx.

The information we are furnishing under Item 7.01 of this Current Report on Form 8K, including Exhibit 99.1, is not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 (the “Exchange Act”) as amended, or otherwise subject to the liability of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

99.1 News release issued on February 24, 2010 reporting results of our operations for the year and quarter ended December 31, 2009.

SIGNATURE

Pursuant to the requirements of the Securities Exchange act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: February 24, 2010

PROASSURANCE CORPORATION

by: /s/ Frank B. O’Neil


Frank B. O’Neil

Senior Vice-President