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ProAssurance Corporation (PRA) will pay a special dividend of $1 per share.

"Our commitment to enhancing the value of ProAssurance for our shareholders and our insureds is unwavering. Today's dividend actions provide a responsible return of capital to shareholders while maintaining the financial flexibility required to respond to emerging opportunities and assuring our policyholders that we have the financial strength to keep our insurance promises," said W. Stancil Starnes, our Chairman and Chief Executive Officer.

ProAssurance Corporation is an insurer specialized in healthcare professional liability, products liability for medical technology and life sciences, legal professional liability, and workers' compensation insurance.