ProAssurance Q1 Earnings Miss Estimates on Declining Premiums

Shares of ProAssurance Corporation (PRA) have remained relatively stable, falling only 0.3% since the company reported first-quarter 2025 results on May 6. The weaker-than-expected quarterly results were due to lower premiums, especially in the Specialty P&C segment and the Segregated Portfolio Cell Reinsurance unit. However, rising investment income and a decline in expenses acted as a dampener. ProAssurance reported a first-quarter 2025 adjusted operating income of 13 cents per share, which missed the Zac ...