The insurer’s adjusted diluted earnings per share rose 400% to $0.25 per share.
Combined ratio: The company’s combined ratio increased by 1 point to 106.6%
Loss
ProAssurance posts $13.8mn operating profit for Q3, GWP spikes 25.9% YoY
Medical professional liability specialist ProAssurance grew its operating profit to $13.8mn in the third quarter, a 437.9% surge from the $2.56mn profit generated last year and boosted by its recent acquisition of California mutual Norcal.
