BIRMINGHAM, Ala. (AP) _ ProAssurance Corp. (PRA) on Tuesday reported a loss of $9.1 million in its third quarter.
On a per-share basis, the Birmingham, Alabama-based company said it had a loss of 17 cents. Losses, adjusted for non-recurring costs, were 6 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.
The medical professional liability insurer posted revenue of $273.1 million in the period. Its adjusted revenue was $288.2 million, exceeding Street forecasts. Three analysts surveyed by Zacks expected $288.1 million.
Market Synergy Group, Aspida to Partner in Distribution of New Fixed Index Annuity Series
Omaha, NE (BRK.A; BRK.B) – Form 8-K
Advisor News
- Retirement is increasingly defined by a secure income stream
- Addressing the ‘menopause tax:’ A guide for advisors with female clients
- Alternative investments in 401(k)s: What advisors must know
- The modern advisor: Merging income, insurance, and investments
- Financial shocks, caregiving gaps and inflation pressures persist
More Advisor NewsAnnuity News
- Ameritas settles with Navy vet in lawsuit over disputed annuity sale
- NAIC annuity guidance updates divide insurance and advisory groups
- Retirement is increasingly defined by a secure income stream
- Beyond the S&P 500: The case for RILA diversification
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Monday Session
More Annuity NewsHealth/Employee Benefits News
- SHOP SMART FOR HEALTH INSURANCE
- CMS announces moratorium on new Medicare hospice/home health enrollment
- EXPANDING MEDICAID COVERAGE LOWERED DEATH RATES FOR YOUNG ADULTS WITH KIDNEY FAILURE
- Insurance won’t cover Ozempic? WA court sparks discrimination debate
- Illinois Quick Hits: Gas tops $5 a gallon
More Health/Employee Benefits NewsLife Insurance News
- New Empathy and LIMRA Research: The Overlooked Opportunity to Engage the Next Generation After an Insurance Payout
- Symetra Names Jeff Sealey Vice President, Stop Loss Captives
- 3 ways AI can help close the gap for women’s insurance coverage
- Best’s Market Segment Report: AM Best Revises Outlook on Italy’s Life Insurance Segment to Stable From Negative
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Monday Session
More Life Insurance News