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ProAssurance Corporation Q2 2010 Earnings Call Transcript

BY Seeking Alpha | 08/07/10 - 08:07 AM EDT

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ProAssurance Corporation (PRA)

Q2 2010 Earnings Call Transcript

August 5, 2010 9:00 am ET

Executives

Frank B. O’Neil – SVP, Corporate Communications and IR

Stan Starnes – Chairman and CEO

Ned Rand – CFO and SVP

Howard Friedman – Co-President, Professional Liability Group; Chief Underwriting Officer and Chief Actuary, SVP

Vic Adamo – President

Analysts

Amit Kumar – Macquarie Group

Mark Hughes – SunTrust

Ray Iardella – Oppenheimer & Company

Mike Grasher – Piper Jaffray

Jay Willadsen – Lee Munder Capital

Beth Malone – Wunderlich Securities

Presentation

Operator

Compare to:
Previous Statements by PRA
» ProAssurance Corporation Q1 2010 Earnings Call Transcript
» ProAssurance Corporation Q1 2009 Earnings Call Transcript
» ProAssurance Corp. Q4 2008 Earnings Call Transcript

Good day, everyone, and welcome to today’s ProAssurance second quarter earnings conference call. As a reminder, today’s call is being recorded. For opening remarks and introductions I would now turn the call over to Mr. Frank O'Neil. Please go ahead, sir.

Frank B. O’Neil

Thank you, Corinne. Good morning, everyone. Thanks for taking time to be part of our call to discuss our solid results of the quarter and six months ended June 30, 2010. We issued a news release Wednesday afternoon reporting our results for those periods, and that release along with our SEC filings, including the 10-Q filed this morning, are designed to provide you with important detailed information about our company as well as disclosures regarding forward-looking statements.

We are explicitly identifying statements we make today that deal with projections, estimates and expectations as forward-looking statements subject to various risks. These risks could cause our actual results to differ materially from current projections or expectations. We will not undertake and expressly disclaim any obligation to alter or update forward-looking statements whether as a result of new information or future events unless required by law or regulation.

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