ProAssurance Corporation (NYSE:PRA) Q2 2023 Earnings Conference Call August 9, 2023 10:00 AM ET
Company Participants
Ned Rand - President and CEO
Dana Hendricks - CFO
Rob Francis - President, Healthcare Professional Liability
Kevin Shook - President, Eastern Alliance
Conference Call Participants
Mark Hughes - Truist
Paul Newsome - Piper Sandler
Robert Farnam - Janney
Matt Carletti - JMP
Operator
Good morning, everyone, and welcome to ProAssurance's Conference Call to discuss the company's Second Quarter 2023 Results. These results were reported in a news release issued August 8, 2023, and in the company's quarterly report on Form 10-Q, which was also filed on August 8, 2023. Included in those documents were cautionary statements about the significant risks, uncertainties, and other factors that are out of the company's control, and could affect ProAssurance's business and alter expected results, please review those statements.
This morning, management will discuss selected aspects of the quarterly results on this call and investors should review the filing on Form 10-Q and the accompanying press release for full and complete information. Management expects to make statements on this call dealing with projections, estimates, and expectations and explicitly identifies these as forward-looking statements within the meaning of the U.S. Federal Securities Laws and subject to applicable Safe Harbor protections. The content of this call is accurate only on August 9 of 2023 and except as required by law or regulation, ProAssurance will not undertake and expressly disclaims any obligation to update or alter information disclosed as part of these forward-looking statements.
The management team of ProAssurance also expects to reference non-GAAP items during today's call. The company's recent news release provides a reconciliation of these non-GAAP numbers to their GAAP counterparts. And I'd like to remind you that the call is being recorded and there will be time for questions after the conclusion of prepared remarks.
Speakers on the call today will be Ned Rand, President and CEO, and Dana Hendricks, Chief Financial Officer. Also joining on the call today are Executive Leadership Team Members Rob Francis, Kevin Shook, Ross Taubman, and Karen Murphy.
Now, I will turn the call over to Ned.
Ned Rand
Thank you, Elliott, and good morning.
Today, Dana and I are looking forward to giving you some insight into the second quarter numbers that we released last night and discussing the drivers we're seeing in the medical professional liability and workers' compensation markets