OREANDA-NEWS. A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of “aa-” of ProAssurance Casualty Company, ProAssurance Indemnity Company, Inc., ProAssurance Specialty Insurance Company, Inc., and ProAssurance American Mutual, A Risk Retention Group (RRG). The companies are collectively referred to as ProAssurance Group (ProAssurance). The outlook for each rating is stable. All companies are headquartered in Birmingham, AL.

Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the ICRs of “a” of Medmarc Casualty Insurance Company (Medmarc) and Noetic Specialty Insurance Company (Noetic). The outlook for the FSR remains stable, while the outlook for the ICRs remains positive. Both companies are headquartered in Chantilly, VA.

Additionally, A.M. Best has affirmed the FSR of A (Excellent) and the ICR of “a” of Podiatry Insurance Company of America (PICA). The outlook for the ICR has been revised to positive from stable, while the outlook for the FSR remains stable. At the same time, A.M. Best has affirmed the FSR of A- (Excellent) and the ICR of “a-” of PACO Assurance Company, Inc. (PACO). The outlook for each rating remains stable. Both companies are headquartered in Franklin, TN.

A.M. Best also has affirmed the FSR of A (Excellent) and the ICRs of “a+” of Eastern Alliance Insurance Company, Allied Eastern Indemnity Company and Eastern Advantage Assurance Company (collectively referred to as the Eastern Alliance Insurance Group [EAIG]) (all companies are domiciled in Lancaster, PA) and Eastern Re Ltd., SPC (Eastern Re) (Grand Cayman, Cayman Islands). The outlook for each of these ratings is stable.

All of these companies are indirect subsidiaries of ProAssurance Corporation (PRA) [NYSE:PRA].