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ProAssurance Corporation (PRA) Q3 2024 Earnings Call Transcript

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ProAssurance Corporation (PRA) Q3 2024 Earnings Call Transcript

ProAssurance Corporation (NYSE:PRA) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET

Company Participants

Heather Wietzel - Senior Vice President-Investor Relations

Ned Rand - President and Chief Executive Officer

Dana Hendricks - Chief Financial Officer

Kevin Shook - President-Workers' Compensation Insurance

Conference Call Participants

Maxwell Fritscher - Truist

Paul Newsome - Piper Sandler

Bob Farnam - Janney

Operator

Good morning, everyone. And welcome to ProAssurance's Conference Call to Discuss the Company's Third Quarter 2024 Results. I would like to remind you all that the call is being recorded and there will be time for questions after the conclusion of prepared remarks.

Now I will turn the call over to Heather Wietzel. Heather, please go ahead.

Heather Wietzel

Good morning, everyone. ProAssurance issued its news release, investor presentation and report on Form 10-Q on third quarter results yesterday, November 7, 2024. Included in those documents were cautionary statements about the significant risks, uncertainties and other factors that are out of the company's control and could affect ProAssurance's business and alter expected results. Please review those statements.

This morning, our management team will discuss selected aspects of the results on this call and investors should review the 10-Q and news release for full and complete information. We expect to make statements on this call dealing with projections, estimates and expectations and explicitly identify these as forward-looking statements within the meaning of the U.S. federal securities law and subject to applicable safe harbor protections.

The content of this call is accurate only on November 8 and except as required by law or regulation, ProAssurance will not undertake and expressly disclaims any obligation to update or alter information disclosed as part of these forward-looking statements.

We also expect to reference non-GAAP items during today's call. The company's recent news release provides a reconciliation

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