ProAssurance News

ProAssurance Closes on Eastern Insurance Deal

Medical professional liability insurer ProAssurance has completed its $205 million acquisition of Eastern Insurance Holdings Inc. ProAssurance Corp. is paying $24.50 per share for Eastern, a workers’ compensation insurer. ProAssurance said in September when the deal was announced that it …

ProAssurance Will Buy Eastern Insurance for $205M

Medical professional liability insurer ProAssurance said Tuesday it will buy workers’ compensation insurer Eastern Insurance in a deal valued at $205 million. ProAssurance said it has been looking to move into the workers’ compensation market for some time. It said …