News Details

ProAssurance to Present at Upcoming Investment Conferences; Company to Broadcast Presentations Over the Internet

March 1, 2005

BIRMINGHAM, Ala.--(BUSINESS WIRE)--March 1, 2005--ProAssurance Corporation (NYSE: PRA) will make a presentation to the Raymond James & Associates 26th Annual Institutional Investors Conference on Monday, March 7, 2005 at 11:00 AM ET. If you would like to listen to this presentation live over the Internet you will need to register at http://www.wsw.com/webcast/rjii05/pra/ prior to the start of the presentation; pre-registration is now available. If you are unable to listen to the live broadcast, a replay will be available for 30 days by accessing the address above. There is no charge to access the event.

ProAssurance will also present at the Association of Insurance and Financial Analysts Mid-Winter Conference on Tuesday, March 8, 2005 in New Orleans, Louisiana. The presentation will be broadcast live on the Internet Tuesday at noon. If you would like to access the webcast you can do so at http://www.vcall.com/CEPage.asp?ID=90759. A replay of the webcast will be available for one year.

In both presentations ProAssurance management will be focusing on 2004 year-end results, future outlook, and will comment on the recently announced transaction that would merge NCRIC Group, Inc. into ProAssurance in a proposed stock-for stock transaction. Links to both presentations will be provided on ProAssurance's website, www.ProAssurance.com. The presentation materials used by the Company will be available as part of the webcast and on our website. You will also be able to obtain a free copy of the materials, as well as other filings containing information about ProAssurance, at the SEC's Internet site (http://www.sec.gov).

About ProAssurance

ProAssurance is a specialty insurer with more than $3.2 billion in assets and almost $790 million in gross written premiums. As the nation's fourth largest writer of medical professional liability insurance, our principal professional liability subsidiaries, The Medical Assurance Company, Inc., ProNational Insurance Company, and Red Mountain Casualty Insurance Company, Inc., are recognized leaders in developing solutions which serve the needs of the evolving health care industry. We are the tenth largest writer of personal auto coverage in Michigan through our subsidiary, MEEMIC Insurance Company.

A.M. Best assigns a rating of "A-" (Excellent) to ProAssurance and our principal professional liability subsidiaries and MEEMIC, Standard & Poor's assigns our principal professional liability carriers a rating of "A-" ("Strong"), and Fitch assigns a rating of "A-" to our subsidiaries The Medical Assurance Company, ProNational Insurance Company and MEEMIC Insurance Company.

    CONTACT: ProAssurance Corporation, Birmingham
             Frank B. O'Neil, 800-282-6242 or 205-877-4461
             foneil@ProAssurance.com

    SOURCE: ProAssurance Corporation