{"id":479879,"date":"2021-04-21T16:18:25","date_gmt":"2021-04-21T20:18:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/proassurance-corporation-files-supplement-to-proxy-statement-for-annual-meeting\/"},"modified":"2021-04-21T16:18:25","modified_gmt":"2021-04-21T20:18:25","slug":"proassurance-corporation-files-supplement-to-proxy-statement-for-annual-meeting","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/proassurance-corporation-files-supplement-to-proxy-statement-for-annual-meeting\/","title":{"rendered":"ProAssurance Corporation Files Supplement to Proxy Statement for Annual Meeting"},"content":{"rendered":"

<\/p>\n

ProAssurance Corporation Files Supplement to Proxy Statement for Annual Meeting<\/b><\/p>\n

BIRMINGHAM, Ala.–(BUSINESS WIRE<\/a>)–ProAssurance Corporation (NYSE:PRA)<\/a> has filed a supplement with the Securities and Exchange Commission to its previously filed proxy statement for ProAssurance\u2019s annual meeting of shareholders that will be held at 10:00 a.m. ET on May 25, 2021.\n<\/p>\n

\nThe proxy statement supplement informs shareholders of a typographical error related to the disclosure of Kevin M. Shook\u2019s compensation in 2020. The Summary Compensation Table on page 37 of the Proxy Statement erroneously showed that Mr. Shook received $384,562<\/span> in 2020 compensation pursuant to the Non-Equity Incentive Plan. The correct number is $348,562<\/span>. Accordingly, the Summary Compensation Table on page 37 of the Proxy Statement should read that, in 2020, Mr. Shook earned $348,562 in compensation pursuant to the Non-Equity Incentive Plan and $1,216,608 in total compensation.\n<\/p>\n

\nIn addition, the supplement revises the disclosure under the heading \u201cMeetings and Committees of the Board of Directors\u201d on page 14 of the Proxy Statement to report that each of the Company\u2019s incumbent directors attended all<\/span> of the meetings of the committees of the board on which he or she served during 2020. The Proxy Statement erroneously stated that the Company\u2019s incumbent directors attended at least two thirds<\/span> of all of the meetings of the committees of the board on which he or she served during 2020.\n<\/p>\n

\nExcept as specifically revised by the information contained herein, the supplement does not modify, amend or otherwise affect any of the other information set forth in the Proxy Statement. The proxy statement supplement may be accessed and copies of the supplement may be obtained without charge in the manner described in ProAssurance\u2019s proxy statement and is also available without charge on the SEC\u2019s website at www.sec.gov<\/a>. Shareholders may also contact Jeff Lisenby, Executive Vice President and Corporate Secretary of ProAssurance at (800) 282-6242, Ext.362668 for assistance in obtaining the proxy statement and the supplement thereto.\n<\/p>\n

About ProAssurance<\/b><\/p>\n

ProAssurance Corporation<\/a> is an industry-leading specialty insurer with extensive expertise in healthcare professional liability, products liability for medical technology and life sciences, legal professional liability, and workers\u2019 compensation insurance. ProAssurance Group is rated \u201cA\u201d (Excellent) by AM Best; ProAssurance and its operating subsidiaries are rated \u201cA-\u201d (Strong) by Fitch Ratings<\/a>. For the latest on ProAssurance and its industry-leading suite of products and services, cutting-edge risk management and practice enhancement programs, follow @ProAssurance on Twitter<\/a> or LinkedIn<\/a>. ProAssurance\u2019s YouTube channel<\/a> regularly presents thought provoking, insightful videos that communicate effective practice management, patient safety and risk management strategies.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210421005859\/en\/<\/a><\/span><\/p>\n

\nKen McEwen
\n
Manager, Investor Relations
\n
800-282-6242 \u2022 205-439-7903 \u2022 KenMcEwen@ProAssurance.com<\/a><\/p>\n

KEYWORDS:<\/b> Alabama United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> General Health Professional Services Health Insurance<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

ProAssurance Corporation Files Supplement to Proxy Statement for Annual Meeting BIRMINGHAM, Ala.–(BUSINESS WIRE)–ProAssurance Corporation (NYSE:PRA) has filed a supplement with the Securities and Exchange Commission to its previously filed proxy statement for ProAssurance\u2019s annual meeting of shareholders that will be held at 10:00 a.m. ET on May 25, 2021. The proxy statement supplement informs shareholders of a typographical error related to the disclosure of Kevin M. Shook\u2019s compensation in 2020. The Summary Compensation Table on page 37 of the Proxy Statement erroneously showed that Mr. Shook received $384,562 in 2020 compensation pursuant to the Non-Equity Incentive Plan. The correct number is $348,562. Accordingly, the Summary Compensation Table on page 37 of the Proxy Statement should read that, in 2020, Mr. … <\/p>\n

Continue reading “ProAssurance Corporation Files Supplement to Proxy Statement for Annual Meeting”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-479879","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nProAssurance Corporation Files Supplement to Proxy Statement for Annual Meeting - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/proassurance-corporation-files-supplement-to-proxy-statement-for-annual-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ProAssurance Corporation Files Supplement to Proxy Statement for Annual Meeting - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ProAssurance Corporation Files Supplement to Proxy Statement for Annual Meeting BIRMINGHAM, Ala.–(BUSINESS WIRE)–ProAssurance Corporation (NYSE:PRA) has filed a supplement with the Securities and Exchange Commission to its previously filed proxy statement for ProAssurance\u2019s annual meeting of shareholders that will be held at 10:00 a.m. ET on May 25, 2021. The proxy statement supplement informs shareholders of a typographical error related to the disclosure of Kevin M. Shook\u2019s compensation in 2020. The Summary Compensation Table on page 37 of the Proxy Statement erroneously showed that Mr. Shook received $384,562 in 2020 compensation pursuant to the Non-Equity Incentive Plan. The correct number is $348,562. 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