ProAssurance acquiring San Francisco company

ProAssurance acquiring San Francisco company

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One of Birmingham's largest public companies plans to make a major acquisition. ProAssurance Corp. (NYSE: PRA) has signed an agreement to acquire San Francisco-based NORCAL Group in a deal priced at $450 million. The NORCAL Group provides medical professional liability insurance, risk management solutions and provider wellness resources to physicians, healthcare extenders, medical groups, hospitals, community clinics and allied healthcare facilities throughout the country. “Bringing together…

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