SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT


                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934


       Date of Report (Date of earliest event reported): November 9, 2006

                            ProAssurance Corporation
             (Exact name of registrant as specified in its charter)

       Delaware                       001-16533                  63-1261433
(State of Incorporation)        (Commission File No.)    (IRS Employer I.D. No.)


      100 Brookwood Place, Birmingham, Alabama                  35209
      (Address of Principal Executive Office )                (Zip code)

       Registrant's telephone number, including area code: (205) 877-4400


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

|_|     Written communications pursuant to Rule 425 under the Securities Act
        (17 CFR 230.425)
|_|     Soliciting material pursuant to Rule 14a-12 under the Securities Act
        (17 CFR 240.14a-12)
|_|     Pre-commencement communications pursuant to Rule 14d-2(b) under the
        Exchange Act (17CFR 240.14d-2(b))
|_|     Pre-commencement communications pursuant to Rule 13e-(c) under the
        Exchange Act (17CFR 240.13e-(c))




Item 7.01       Regulation FD Disclosure

     On November 9, 2006 ProAssurance  announced that Fitch Ratings has affirmed
the  Company's  insurance  rating,  debt rating and  outlook.  The news  release
announcing the  affirmations is furnished as Exhibit 99.1 to this Current Report
on Form 8K.


Item 9.01       Financial Statements and Exhibits

                (d) Exhibits

                99.1 News release, dated October 24, 2005, announcing rating
                affirmations.


The information we are furnishing under Items 7.01 and 9.01 of this Current
Report on Form 8K shall not be deemed to be "filed" for the purposes of Section
18 of the Securities and Exchange Act of 1934 (the "Exchange Act") as amended,
or otherwise subject to the liability of that section, nor shall such
information be deemed incorporated by reference in any filing under the
Securities Act of 1933, as amended, or the Exchange Act, regardless of the
general incorporation language of such filing, except as shall be expressly set
forth by specific reference in such filing.is being furnished under Item 9 and
shall not be deemed to be "filed" for the purposes of Section 18 of the
Securities and Exchange Act of 1934 (the "Exchange Act"), or otherwise subject
to the liability of such section, nor shall such information be deemed
incorporated by reference in any filing under the Securities Act of 1933 or the
Exchange Act, regardless of the general incorporation language of such filing,
except as shall be expressly set forth by specific reference in such filing.


SIGNATURE

         Pursuant to the requirements of the Securities Exchange act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



Date: November 10, 2006


                                        PROASSURANCE CORPORATION




                                        By:/s/ Edward L. Rand, Jr.
                                           -------------------------------------
                                           Edward L. Rand, Jr.
                                           Chief Financial Officer



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