ProAssurance Corporation (NYSE:PRA) Q3 2022 Earnings Conference Call November 10, 2022 10:00 AM ET
Company Participants
Jason Gingerich - VP, IR
Ned Rand - President and CEO
Dana Hendricks - CFO
Michael Boguski - President, Specialty, Property and Casualty Lines
Kevin Shook - President, Worker’s Compensation Insurance
Conference Call Participants
Paul Newsome - Piper Sandler
Operator
Ladies and gentlemen, good morning and thank you for attending today ProAssurance Third Quarter 2022 Earnings call. My name is Amber and I will be your operator for today's call. [Operator Instructions]
It was now my pleasure to hand the conference over to our host, Jason Gingerich, with ProAssurance. Jason, please proceed.
Jason Gingerich
Thank you, Amber. Good morning, everyone. Welcome to ProAssurance's conference call to discuss the company's third quarter 2022 results. These results were reported in a news release issued on November 8, 2022, and in the company's quarterly report on Form 10-Q, which was also filed on November 8, 2022. 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.
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 US federal securities laws and subject to applicable safe harbor protections. The content of this call is accurate only on November 9, 2022. 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. I'd like to remind you this call is being recorded and there will be a time for questions after the conclusion of prepared remarks.
On our call today, we have Ned Rand, President and CEO; Dana Hendricks, Chief Financial Officer; Mike Boguski, President of our Specialty Property and Casualty Lines; and Kevin Shook, President of our Workers' Compensation Insurance Operations.
Ned, will you start us off, please?
Ned Rand
Thank you, Jason, and good morning.
The team here at ProAssurance is pleased to discuss the quarter's results with you and to provide an opportunity to hear from our line of business leaders on the progress we're making and challenges we're addressing. This quarter's results for ProAssurance continue to reflect several trends that have been in place throughout the year.