The Doctors Company Acquisition Information Center
ProAssurance Group is has entered into a definitive agreement to be acquired by The Doctors Company. Upon close, this transaction will solidify the combined organization as the second largest medical malpractice insurance company in the country and the largest physician-owned carrier. The milestone dates and associated materials include:
- March 2025 – Announcement of the Acquisition
- 3/19/2025 – Press Release: The Doctors Company to Acquire ProAssurance Corporation for $25.00 per Share in Cash
- 3/20/2025 – 8-K Filing with SEC: Agreement and Plan of Merger
- May 2025 – Notice of Special Meeting and Proxy Statement
- 5/14/2025 – DEFM14A Filing with SEC: Notice of Special Meeting and Merger Proposal
- June 2025 – Shareholders Vote to Approve the Transaction
- 6/24/2025 – Press Release: ProAssurance Stockholders Approve Its Proposed Acquisition by The Doctors Company
- 6/24/2025 – 8-K Filing with SEC: Submission of Matters to a Vote of Security Shareholders
- July 2025 – Federal Trade Commission Grants Early Termination of the Hart-Scott-Rodino Waiting Period
- 7/2/2025 – FTC Notice: Early Termination Granted
- 7/7/2025 – Press Release: The Doctors Company and ProAssurance Announce Early Termination of the Hart-Scott-Rodino Waiting Period
- November 4 – Announcement of ProAssurance Third-quarter Results and Update on Regulatory Approval Status
- As of November 4, The Doctors Company has received final approval from insurance regulators in Alabama, the District of Columbia, Illinois, Missouri, and Vermont.
- Review of the proposed transaction by insurance regulators remains pending in California, Pennsylvania, and Texas.
The timing for completion of the pending reviews is uncertain and outside our control, but in light of progress made, we currently anticipate closing the transaction no later than June 30, 2026.
Shareholders with questions should contact our head of Investor Relations, Heather Wietzel, at InvestorRelations@ProAssurance.com or 205-776-3028.
Other information can be found in our filings with the SEC.