ProAssurance 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. [Full Press Release]

The documents below contain important information about the transaction.

Financial Consideration Information

• Consideration Distribution FAQ (updated 3/1/2023)
• 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
  
  

Notices

• Notice of Public Hearing
• Notice of Special Meeting

Transaction Documents

• March 2021 Update – Special Meeting
• Amended and Restated Plan of Conversion
• Acquisition Agreement
• Member Information Statement
• Tender Offer Statement
• Important Disclosures and Instructions for Consideration Election Form
• Election of Directors Profiles