ProAssurance Corp.said in a Form 8-K filed April 12 that it is adopting a Rule 10b5-1 stock tradingplan to facilitate the continued repurchase of its shares.
The plan is being established pursuant to, and as part of, thecompany's existing share repurchase program. The term of the plan is April 18 throughMay 9.
Through April 12, ProAssurance has repurchased about 27,700 commonshares in 2016 at a total cost of about $1.3 million and about $110.4 million remainsin the repurchase authorization approved by the board.