8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): October 11, 2002


                            PROASSURANCE CORPORATION
             (Exact name of registrant as specified in its charter)


          Delaware                    001-16533               63-1261433
(State or other jurisdiction     (Commission File No.)       (IRS Employer
      of incorporation)                                    Identification No.)

                 100 Brookwood Place, Birmingham, Alabama 35209
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (205) 877-4400

          (Former name or former address, if changed since last report)




Item 5 Other Events

     This report is filed pursuant to Rule 100 of Regulation F-D with respectto
the news release released of even date herewith.

Item 7 Financial Statements and Exhibits

     (c) Exhibits

          Exhibit 1 News Release of ProAssurance Corporation dated
                    October 11, 2002

                                   Signatures

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Date: October 11, 2002                         ProAssuance Corporation

                                               By /s/ Howard H. Friedman
                                                 ------------------------
                                                 Howard H. Friedman
                                                 Senior Vice President
                                                 Chief Financial Officer

EX-1

(PROASSURANCE LOGO)                                                 NEWS RELEASE

                                                   FOR MORE INFORMATION CONTACT:

                                                                 FRANK B. O'NEIL
               SR. VICE PRESIDENT, CORPORATE COMMUNICATIONS & INVESTOR RELATIONS
                           800-282-6242 - 205-877-4461 - FONEIL@PROASSURANCE.COM

PROASSURANCE COMMENTS ON THIRD QUARTER EXPECTATIONS

BIRMINGHAM, AL.-(BUSINESS WIRE)-October 11, 2002---ProAssurance Corporation
(NYSE: PRA) said today that the Company anticipates that net operating income
per share for the third quarter of 2002 will be between $0.13 and $0.16 per
share and will be between $0.30 and $0.35 per share for the last six months of
2002. ProAssurance will announce its earnings for the third quarter and first
nine months of 2002 after the close of the market on November 13th.

ABOUT PROASSURANCE

ProAssurance Corporation is a specialty insurance company with more than $2.3
billion in assets and approximately $500 million in annualized gross written
premiums, making it one of the 100 largest insurance groups in America. The
Company was formed by the combination of Medical Assurance, Inc. and
Professionals Group, Inc. and is a leader in developing solutions which serve
the liability needs of the evolving needs of the health care industry.
ProAssurance is the nation's fourth largest writer of medical professional
liability insurance and the tenth largest writer of personal auto coverage in
Michigan. A. M. Best assigns a rating of "Excellent" to ProAssurance and its
subsidiaries; Standard & Poor's assigns the Company's professional liability
carriers a "Strong" rating.

CAUTION REGARDING FORWARD LOOKING STATEMENTS

This news release contains historical information as well as forward-looking
statements that are based upon ProAssurance's estimates and anticipation of
future events that are subject to certain risks and uncertainties that could
cause actual results to vary materially from the expected results described in
the forward-looking statements. Words such as "anticipate," "believe,"
"estimate," "expect," "intend," "may," "preliminary," "project," will," and
similar expressions are intended to identify these forward-looking statements.
The projections made in this news release are expressly identified as Forward
Looking Statements. The principal risk factors that may cause actual results to
differ materially from those expressed in the forward-looking statements are
described in various documents filed by ProAssurance Corporation with the
Securities and Exchange Commission, including Form 10K for the year ended
December 31, 2001 and Form 10Q for the six months ended June 30, 2002. In view
of the many uncertainties inherent in the forward-looking statements made in
this document, the inclusion of such information should not be taken as
representation by the Company or any other person that ProAssurance's
objectives or plans will be realized.


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