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Debt (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Outstanding long-term debt
ProAssurance’s outstanding debt consisted of the following:
(In thousands)
December 31,
2015
 
December 31,
2014
Senior notes due 2023, unsecured, interest at 5.3% annually
$
250,000

 
$
250,000

Revolving Credit Agreement, outstanding borrowings fully secured, see Note 4, and carried at an interest rate of 0.82%. The interest rate on the borrowing is set at the time the borrowing is initiated or renewed. The current borrowing can be repaid or renewed in April 2016. If renewed, the interest rate will reset.
100,000

 

 
$
350,000

 
$
250,000