About
About ProAssurance Corporation
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. It operates through three segments: Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Corporate. The company offers professional liability insurance to healthcare providers and institutions, and attorneys and their firms; medical technology liability insurance to medical technology and life sciences companies; and custom alternative risk solutions, including assumed reinsurance and captive cell programs for healthcare professional liability insureds. It also provides workers' compensation insurance products, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations. It markets its products through independent agencies and brokers, as well as an internal business development team. ProAssurance Corporation was founded in 1976 and is headquartered in Birmingham, Alabama.
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5 years, 4 months ago
ProAssurance Corporation is currently in a long term downtrend where the price is trading 1.1% below its 200 day moving average.
From a valuation standpoint, the stock is 81.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.7.
ProAssurance Corporation's total revenue sank by 17.7% to $208M since the same quarter in the previous year.
Its net income has increased by 100.0% to $14K since the same quarter in the previous year.
Finally, its free cash flow fell by 579.2% to $-81M since the same quarter in the previous year.
Based on the above factors, ProAssurance Corporation gets an overall score of 2/5.