BIRMINGHAM, Ala.–(BUSINESS WIRE)–Shareholders of ProAssurance Corporation (NYSE:PRA), acting at today’s
Annual Meeting of Shareholders, cast approximately 95% of their votes to
elect Edward L. Rand, Jr., President and Chief Operating Officer of
ProAssurance, to our Board of Directors for a one-year term ending at
the Annual Meeting of Shareholders in 2020.
Shareholders also cast 99% of their votes to add Maye Head Frei to our
Board. She will serve a three-year term ending at the Annual Meeting of
Shareholders in 2022.
Our shareholders voted to re-elect Kedrick D. Adkins, Jr., C.P.A., Bruce
D. Angiolillo, J.D., and W. Stancil Starnes, J.D., to our Board, with
each receiving over 97% of the votes cast by shareholders. They will
also serve a three-year term ending at the Annual Meeting of
Shareholders in 2022.
Acting on matters related to compensation, our shareholders cast
approximately 98% of their votes to approve, on an advisory basis, the
compensation of our named executive officers for 2018. The selection of
Ernst & Young, LLP as our independent auditing firm for the fiscal year
ending December 31, 2019 was approved by more than 98% of the votes cast
Corporation is an industry-leading specialty insurer with extensive
expertise in healthcare professional liability, products liability for
medical technology and life sciences, legal professional liability, and
workers’ compensation insurance. The company is recognized as one of the
top performing insurance companies in America by virtue of our inclusion
in the Ward’s 50 for the past twelve years. ProAssurance Group is rated “A+”
(Superior) by A.M. Best; ProAssurance and its operating subsidiaries
are rated “A”
(Strong) by Fitch Ratings.
For the latest on ProAssurance and its industry-leading suite of
products and services, cutting edge risk management and practice
enhancement programs, follow @ProAssurance
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YouTube channel regularly presents thought provoking, insightful
videos that communicate effective practice management, patient safety
and risk management strategies.
Investor Relations Manager
205-439-7903 • KenMcEwen@ProAssurance.com