Exhibit 99.1

   ProAssurance CEO to Present at Morgan Keegan's Equity Conference


    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Aug. 28, 2007--The Chief
Executive Officer of ProAssurance Corporation (NYSE: PRA), Stan
Starnes, will be presenting at Morgan Keegan's Equity Conference on
Thursday, September 6, 2007 at 3:00 p.m. EDT.

    This will be the first investor conference presentation delivered
by Mr. Starnes since becoming CEO two months ago. He will give a brief
overview of the Company and the medical liability market, but will
devote most of his presentation to outlining his vision for the
Company's future. Investors are encouraged to e-mail suggestions for
topics to be covered, or questions to be answered, to
InvestorRelations@ProAssurance.com.

    Mr. Starnes' presentation will be webcast at
www.wsw.com/webcast/mk8/pra/. Investors will be required to register
to hear the presentation; pre-registration is now available. We will
provide a link to the presentation on ProAssurance's Web site,
www.ProAssurance.com, and the presentation materials used by the
Company will be available. For those unable to listen to the live
broadcast, a replay will be available for 60 days at the same Web
address, and on the investor relations section of our Web site,
www.ProAssurance.com. There is no charge to access the event.

    About ProAssurance

    ProAssurance Corporation is the nation's fourth largest writer of
medical professional liability insurance through our principal
subsidiaries The Medical Assurance Company, Inc., ProNational
Insurance Company, NCRIC, Inc., Physicians Insurance Company of
Wisconsin, Inc., and Red Mountain Casualty Insurance Company, Inc. We
also write professional liability coverage through Woodbrook Casualty
Insurance, Inc. ProAssurance is one of the 100 largest
property-casualty insurance groups in the nation, based on Net Written
Premium.

    CONTACT: ProAssurance Corporation
             Frank B. O'Neil, 800-282-6242 or 205-877-4461
             Sr. Vice President,
             Corporate Communications & Investor Relations
             foneil@ProAssurance.com