CORRECTING and REPLACING ProAssurance CEO to Present at Morgan Keegan's Equity Conference

Third paragraph, first sentence of release dated August 28, 2007 should read: Mr. Starnes presentation will be webcast at www.wsw.com/webcast/mk15/pra/ (sted Mr. Starnes presentation will be webcast at www.wsw.com/webcast/mk8/pra/).

The corrected release reads:

PROASSURANCE CEO TO PRESENT AT MORGAN KEEGANS EQUITY CONFERENCE

The Chief Executive Officer of ProAssurance Corporation (NYSE: PRA), Stan Starnes, will be presenting at Morgan Keegans Equity Conference on Thursday, September 6, 2007 at 3:00 PM EDT.

This will be the first investor conference presentation delivered by Mr. Starnes since becoming CEO two months ago. He will give a brief overview of the Company and the medical liability market, but will devote most of his presentation to outlining his vision for the Companys future. Investors are encouraged to e-mail suggestions for topics to be covered, or questions to be answered, to InvestorRelations@ProAssurance.com.

Mr. Starnes presentation will be webcast at www.wsw.com/webcast/mk15/pra/. Investors will be required to register to hear the presentation; pre-registration is now available. We will provide a link to the presentation on ProAssurances website, www.ProAssurance.com, and the presentation materials used by the Company will be available. For those unable to listen to the live broadcast, a replay will be available for 60 days at the same web address, and on the investor relations section of our website, www.ProAssurance.com. There is no charge to access the event.

About ProAssurance

ProAssurance Corporation is the nation's fourth largest writer of medical professional liability insurance through our principal subsidiaries The Medical Assurance Company, Inc., ProNational Insurance Company, NCRIC, Inc., Physicians Insurance Company of Wisconsin, Inc., and Red Mountain Casualty Insurance Company, Inc. We also write professional liability coverage through Woodbrook Casualty Insurance, Inc. ProAssurance is one of the 100 largest property-casualty insurance groups in the nation, based on Net Written Premium.

Contacts:

ProAssurance Corporation
Frank B. ONeil, 800-282-6242 or 205-877-4461
Sr. Vice President,
Corporate Communications & Investor Relations
foneil@ProAssurance.com

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