Market Overview

ProAssurance Declares Quarterly Dividend

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The Board of Directors of ProAssurance
Corporation
((PRA)
has declared a cash dividend of $0.31 per common share, payable on April
22, 2019 to shareholders who own our stock as of March 29, 2019.

Our dividend policy anticipates a total annual dividend of $1.24 per
share, to be paid in equal quarterly installments. However, any decision
to pay future cash dividends will be subject to the Board's final
determination after a comprehensive review of the company's financial
performance, future expectations and other factors deemed relevant by
the Board.

About ProAssurance

ProAssurance Corporation is an industry-leading specialty insurer with
extensive expertise in healthcare professional liability, products
liability for medical technology and life sciences, legal professional
liability, and workers' compensation insurance. The Company is
recognized as one of the top performing insurance companies in America
by virtue of our inclusion in the Ward's 50 for twelve straight years. ProAssurance
Group is rated "A+" (Superior) by A.M. Best
; ProAssurance and its
operating subsidiaries are rated "A"
(Strong) by Fitch Ratings
. For the latest on ProAssurance and its
industry-leading suite of products and services, cutting edge risk
management and practice enhancement programs, follow @ProAssurance
on Twitter
or LinkedIn.
ProAssurance's
YouTube channel
regularly presents thought provoking, insightful
videos that communicate effective practice management, patient safety
and risk management strategies.

Caution Regarding Forward-Looking Statements

Statements in this news release that are not historical fact or that
convey our view of future business, events or trends are specifically
identified as forward-looking statements. Forward-looking statements are
based upon our estimates and anticipation of future events and highlight
certain risks and uncertainties that could cause actual results to vary
materially from our expected results. We expressly claim the safe harbor
provisions of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, for any
forward-looking statements in this news release. Forward-looking
statements represent our outlook only as of the date of this news
release. Except as required by law or regulation, we do not undertake
and specifically decline any obligation to publicly release the result
of any revisions that may be made to any forward-looking statements to
reflect events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated events.

There are a number of risk factors that may cause outcomes that differ
from our expectations or projections. These are described in detail in
various documents filed by ProAssurance Corporation with the Securities
and Exchange Commission, such as current reports on Form 8-K, and
regular reports on Forms 10-Q and 10-K, particularly in "Item 1A, Risk
Factors."

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