Moody's could lift ProAssurance

Moody's Investors Service said it placed the A3 insurance financial strength rating of ProAssurance Indemnity Co. and its rated property/casualty affiliates on review for possible upgrade, as well as the provisional Baa3 shelf registration ratings of ProAssurance Corp.

Moody's said the review will focus on the group's prospective risk-adjusted capital adequacy as well as management's integration plan for recently acquired Independent Nevada Doctors Insurance Exchange, and the pending acquisition of Medmarc Insurance Group.

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