MergerJun 23, 2026, 05:27 PM
ProAssurance Merger with The Doctors Company Receives All Approvals
AI Summary
ProAssurance Corporation announced that all required regulatory approvals for its merger with The Doctors Company have been received. The merger agreement, initially signed on March 19, 2025, had previously secured approval from ProAssurance stockholders on June 24, 2025, and early termination of the Hart-Scott Rodino waiting period on July 2, 2025. With all insurance regulatory approvals now in place as of June 23, 2026, the closing of the merger is anticipated to occur on June 26, 2026, pending the satisfaction or waiver of remaining customary closing conditions.
Key Highlights
- Merger Agreement signed on March 19, 2025, between ProAssurance, The Doctors Company, and Jackson Acquisition Corporation.
- ProAssurance stockholders approved the merger on June 24, 2025.
- US FTC granted early termination of waiting period on July 2, 2025.
- All required insurance regulatory approvals received as of June 23, 2026.
- Merger expected to close on June 26, 2026, subject to customary closing conditions.
Price Impact
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