-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DYf7NDKiVx+XSTjhvotO9fBmMmN4Imo7VQ9j9arwJZlrNGh5H2n2B3p0DX0iFd6P cVvVPfpHaCTUmpAYz+X4Gg== 0001194794-08-000071.txt : 20081209 0001194794-08-000071.hdr.sgml : 20081209 20081209133136 ACCESSION NUMBER: 0001194794-08-000071 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081208 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20081209 DATE AS OF CHANGE: 20081209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROASSURANCE CORP CENTRAL INDEX KEY: 0001127703 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 631261433 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16533 FILM NUMBER: 081237719 BUSINESS ADDRESS: STREET 1: 100 BROOKWOOD PLACE CITY: BIRMINGHAM STATE: AL ZIP: 35209 BUSINESS PHONE: 2058774400 8-K 1 bodyoffiling.htm 8K NOTICE OF DEBT REDEMPTION bodyoffiling.htm
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):  December 8, 2008
 
ProAssurance Corporation
(Exact name of registrant as specified in its charter)
 
Delaware                                001-16533                            63-1261433
         (State of Incorporation)                   (Commission File No.)              (IRS Employer I.D. No.)
 
100 Brookwood Place, Birmingham, Alabama35209
  (Address of Principal Executive Office )(Zip code)
 
Registrant’s telephone number, including area code: (205)  877-4400


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Securities Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-(c) under the Exchange Act (17CFR 240.13e-(c))

 
 

 

Item 7.01                           Regulation FD Disclosure
 
On December 8, 2008 we reacquired $23.0 million par of our issued and outstanding Junior Subordinated Notes due 2034, dated as of April 29, 2004 and May 12, 2004, for total consideration of $18.4 million We reaquired 100% of the April, 2004 Notes and approximatly 30% of the May, 2004 Notes. We expect to record a pre-tax gain from this transaction of approximately $4.5 million on our Income Statement when we report our results for the fourth quarter and year ended December 31, 2008. The repurchase was made under the Company’s existing  authorization for the repurchase of up to $100 million of its shares of common stock and/or trust preferred securities (or the debentures that secure the trust preferred securities).

The information we are furnishing under Item 7.01 of this Report shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.

 
SIGNATURE
 
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: December 9, 2008
 

 
PROASSURANCE CORPORATION






By:  /s/ Frank B. O’Neil
-----------------------------------------------------
Frank B. O’Neil
Senior Vice-President
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