June 26, 2026 by matray

The Doctors Company announced today that it has completed the acquisition of ProAssurance Corp. The combined company will protect more than 200,000 healthcare professionals and organizations nationwide with assets of $12 billion.

“We are building the most trusted and capable medical professional liability and specialty lines insurer in America,” said Richard E. Anderson, MD, FACP, chairman and chief executive officer of The Doctors Company and TDC Group. “This partnership brings together two mission-driven organizations that share a deep commitment to advocacy, exceptional service and long-term stability in a complex healthcare landscape. Together, we are better positioned than ever to deliver on our mission to advance, protect and reward the practice of good medicine.”

The Doctors Company acquired all outstanding shares of ProAssurance for $25 per share in cash, for a total value of approximately $1.3 billion. ProAssurance shareholders approved the transaction in June 2025. In connection with the closing of the acquisition, ProAssurance’s common stock will be deregistered with the Securities and Exchange Commission and delisted with NYSE. Public trading of ProAssurance securities has ceased.

ProAssurance will function as a wholly owned subsidiary of The Doctors Company while a review process is conducted to identify the optimal operating structure.