<SEC-DOCUMENT>0001561188-14-000019.txt : 20141003
<SEC-HEADER>0001561188-14-000019.hdr.sgml : 20141003
<ACCEPTANCE-DATETIME>20141003154325
ACCESSION NUMBER:		0001561188-14-000019
CONFORMED SUBMISSION TYPE:	S-8 POS
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20141003
DATE AS OF CHANGE:		20141003
EFFECTIVENESS DATE:		20141003

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PROASSURANCE CORP
		CENTRAL INDEX KEY:			0001127703
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				631261433
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8 POS
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-49378
		FILM NUMBER:		141139654

	BUSINESS ADDRESS:	
		STREET 1:		100 BROOKWOOD PLACE
		CITY:			BIRMINGHAM
		STATE:			AL
		ZIP:			35209
		BUSINESS PHONE:		2058774400
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8 POS
<SEQUENCE>1
<FILENAME>reg333-49378_sx8xa3.htm
<DESCRIPTION>S-8 POS
<TEXT>
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<a name="s5164B157D3B53F4100E9A345355EF6E4"></a><div></div><br><div style="line-height:120%;padding-top:26px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As filed with the Securities and Exchange Commission on October 3, 2014, Registration No.&#160;333-49378</font></div><div style="line-height:120%;text-align:left;font-size:1pt;"><font style="font-family:inherit;font-size:1pt;">&#160;</font></div><div style="line-height:120%;text-align:left;font-size:1pt;"><font style="font-family:inherit;font-size:1pt;">&#160;</font></div><div style="line-height:120%;"><hr></div><div style="line-height:120%;padding-top:17px;text-align:center;font-size:14pt;"><font style="font-family:inherit;font-size:14pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">WASHINGTON, D.C. 20549</font></div><div style="line-height:120%;padding-top:24px;text-align:center;font-size:3pt;"><font style="font-family:inherit;font-size:3pt;font-weight:bold;">&#160;</font></div><div style="line-height:120%;padding-top:17px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Post-Effective Amendment No.&#160;3 </font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#32;to Registration Statement on Form&#160;S-8 under</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#32;The Securities Act of 1933*</font></div><div style="line-height:120%;padding-top:17px;text-align:center;font-size:24pt;"><font style="font-family:inherit;font-size:24pt;font-weight:bold;">PROASSURANCE CORPORATION</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;">(</font><font style="font-family:inherit;font-size:12pt;">Exact name of registrant as specified in its charter)</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td width="47.31977818853974%"></td><td width="5.360443622920517%"></td><td width="47.31977818853974%"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Delaware</font></div><div style="text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;(State or other jurisdiction of</font></div><div style="text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;incorporation or organization)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">63-1261433</font></div><div style="text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;(I.R.S. Employer Identification No.)</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:9px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">100 Brookwood Place</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;Birmingham, Alabama 35209</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;(Address of Principal Executive Offices)</font></div><div style="line-height:120%;padding-top:9px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">MEDICAL ASSURANCE, INCENTIVE COMPENSATION STOCK PLAN</font></div><div style="line-height:120%;padding-top:9px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">PROFESSIONALS GROUP, INC. 1996 LONG TERM STOCK INCENTIVE PLAN</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;&#32;(Full title of the plan)</font></div><div style="line-height:120%;padding-top:24px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;padding-top:9px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">W. Stancil Starnes</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;Chief Executive Officer</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;100 Brookwood Place</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;Birmingham, Alabama 35209</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;(Name and address of agent for service)</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;(205)&#160;877-4400</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;(Telephone number, including area code, of agent for service)</font></div><div style="line-height:120%;padding-top:9px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Copies of all communications to:</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;Jack P. Stephenson, Esq.</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;Burr &amp; Forman LLP</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;Suite3400 &#8226; 420 North 20th Street</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;Birmingham, Alabama 35203</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;(205)&#160;458-5201</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;padding-left:86px;text-indent:-39px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">*       Post-Effective Amendment No. 1 to the Registration Statement originally filed on Form S-4 was filed on January 25, 2002, pursuant to Rule 401(e) of Regulation C to register on Form S-8 shares of registrant's common stock to be issued under the above referenced plans.  See &#8220;Introductory Statement&#8221; following this cover page. </font></div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><br><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><a name="s5A71206D71EED28E47B9A345357C5289"></a><div></div><br><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">INTRODUCTORY STATEMENT NOT FORMING PART OF PROSPECTUS</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">On November 6, 2000, Registrant filed a Registration Statement on Form S-4 (File No. 333-49378) (the &#8220;Registration Statement&#8221;) to register the issuance of 34,741,435 shares of its common stock, pursuant to an Agreement to Consolidate (the "Consolidation Agreement") between Medical Assurance, Inc. (&#8220;Medical Assurance&#8221;) and Professional Group, Inc. ("Professionals Group") dated June 22, 2000. On June 27, 2001, Medical Assurance and Professionals Group completed their consolidation (the "Consolidation) and became wholly-owned subsidiaries of the newly formed holding company named ProAssurance Corporation (the &#8220;Registrant&#8221; or &#8220;ProAssurance&#8221;). Upon consummation of the Consolidation, ProAssurance assumed all options previously granted under Medical Assurance, Inc.'s Incentive Compensation Stock Plan and Professionals Group, Inc.'s 1996 Long Term Stock Incentive Plan (&#8220;the Plans&#8221;) and on January 25, 2002 filed Post-Effective Amendment No. 1 to the Registration Statement on Form S-8 with respect to 789,970 shares of its common stock reserved for issuance pursuant to options previously granted under the Plans. The Registration Statement also relates to an indeterminate number of shares of common stock of the Registrant that may be issued under the Plans as a result of stock splits, stock dividends or similar transactions in accordance with Rule 416 of the Securities and Exchange Commission. The Registrant further amended the Registration statement on January 25, 2002, by filing Post-Effective Amendment No. 2 to reflect that 7,923,031 of the shares previously registered under the Registration statement on Form S-4 were not issued and were removed from registration.</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">DESCRIPTION OF AMENDMENT</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">No options remain outstanding under the Plans and the offering of the shares that continue to be registered under the Registration Statement has terminated.  In accordance with the undertaking made by the registrant in Part II of the Registration Statement, this Post-Effective Amendment No. 3 is being filed to deregister and remove from registration as of the date hereof all registered shares of common stock under the amended Registration Statement that remain unissued under the Plans.</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">SIGNATURE</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Pursuant to the requirements of the Securities Act of 1933, the Registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Homewood, State of Alabama, on this the third day of October, 2014.</font></div><div style="line-height:120%;padding-left:336px;text-indent:-324px;font-size:12pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:98.07692307692307%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td width="49.01960784313726%"></td><td width="7.625272331154684%"></td><td width="43.35511982570806%"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:4px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">PROASSURANCE CORPORATION</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:4px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">By:</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-style:italic;">/s/&#160; W. Stancil Starnes</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:4px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">W. Stancil Starnes, J. D.</font></div></td></tr></table></div></div><div style="line-height:144%;padding-top:18px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><br><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div>	</body>
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