ProAssurance Q2 CoR improves by 5.8pts as NorCal integration moves forward
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ProAssurance Q2 CoR improves by 5.8pts as NorCal integration moves forward

Eileen AJ Connelly
August 09, 2022
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ProAssurance Group CEO Ned Rand has said that his company is seeing a greater impact from social inflation than economic inflation right now, and as a result, the company is maintaining its cautious approach to reserving.

While the Birmingham, Alabama-based specialty insurer recognizes the rising economic inflation, Rand told analysts during the company’s 2Q conference call that “jury behavior and social inflation have a larger impact on our lost costs.”

The

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Topics

NewsResultsProassurance GroupEarnings
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Eileen AJ Connelly
Contributing Editor
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