NORCAL Transaction
About the Transaction
ProAssurance Corporation (NYSE: PRA) announced that its acquisition of NORCAL Mutual (“NORCAL”) was completed May 5, 2021. NORCAL’s members overwhelmingly approved the transaction at a special meeting on April 26, 2021. [Full Press Release]
The documents below contain important information about the transaction.
FINANCIAL CONSIDERATION INFORMATION
- Consideration Distribution FAQ (updated 8/8/2024)
- July 2024 Update - Contingent PRA Consideration Communication
- February 2022 Update - NORCAL Policyholder Contribution Certificate Communication
- Reverse Stock Split for Holders of Conversion Shares - August 2021
- Important Information About Your NORCAL Financial Consideration - August 2021
TAX INFORMATION
Tax Questions Related to the Transaction Consideration