ProAssurance
The ProAssurance Corporation is a medical liability insurance underwriter created in 2001 from the merger of the Mutual Assurance Society of Alabama and the Michigan-based Professionals Group, Inc. The first chairman and CEO was Derrill Crowe. The current CEO, Stan Starnes, took over when Crowe retired in 2007. COO Ned Rand Jr was promoted to president of the company in December 2018.
ProAssurance's headquarters office is located at 100 Brookwood Place. The company also has offices in Mobile; Wilmington, Delaware; Washington D. C.; Miramar and Tampa, Florida; Fayetteville, Georgia; Naperville, Illinois; Greenwood, Indiana; Louisville, Kentucky; Okemos, Michigan; Springfield and St Louis, Missouri; Cleveland and Columbus, Ohio; Boiling Springs, Pennsylvania; Franklin, Tennessee; Houston, Texas; Glen Allen and Chantilly, Virginia and Madison, Wisconsin.
ProAssurance acquired the Austin, Texas-based American Physicians Service Group in 2010, the Chantilly, Virginia-based Medmarc Insurance Group in January 2012, and Lancaster, Pennsylvania-based Eastern Insurance Holdings in September 2013.
Subsidiaries
- ProAssurance Indemnity Company
- ProAssurance Casualty Company
- ProAssurance National Capital Insurance Company
- ProAssurance Wisconsin Insurance Company
- ProAssurance Specialty Insurance Company
- Podiatry Insurance Company of America
References
- Diel, Stan (January 2, 2013) "ProAssurance closes $154 million Medmarc acquisition." The Birmingham News
- Rebman, Stephanie (December 4, 2018) "Birmingham-headquartered insurer names new president." Birmingham Business Journal
External link
- ProAssurance website