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Fitch Affirms ProAssurance's Rating and Stable Outlook
Date:3/5/2009

BIRMINGHAM, Ala., March 5 /PRNewswire-FirstCall/ -- Fitch Ratings has affirmed its ratings and Stable outlook for ProAssurance and its primary insurance subsidiaries.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081024/PROASSURANCELOGO )

In announcing its decision, Fitch says their rating action, "...considers the solid financial condition of PRA's operating subsidiaries as well as consistent profitability, financial and operating flexibility, and highly experienced management team. PRA has an established reputation for providing quality service and expertise in risk management in the medical malpractice line as well as a strong track record of aggressively defending non-meritorious claims, which enhances customer loyalty and reduces fraud."

ProAssurance's Chairman and Chief Executive Officer, Stan Starnes said, "Fitch's affirmation comes after a detailed examination of our financials, including our reserves and investment portfolio, and an in-depth review of our disciplined approach to a line of business in which long-term financial strength is the best measure of success. This is especially meaningful in these uncertain economic times and speaks to our proven ability to produce excellent results through a disciplined, long-
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SOURCE ProAssurance Corporation
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