ProAssurance swings to profit in Q2 as underwriting loss narrows to $16mn
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ProAssurance swings to profit in Q2 as underwriting loss narrows to $16mn

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Medical professional liability insurer ProAssurance swung to an operating profit in the second quarter as it recorded a narrower underwriting loss and got a boost from its recent acquisition of medical professional liability Norcal.

The Birmingham, Alabama-based company posted an operating profit of $25.6mn, or $0.49 per share, reversing a year-ago loss of $32.4mn,

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