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Proassurance director sells shares

By Associated Press
July 9, 2008 | Comments (0)

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A director and senior adviser of medical malpractice insurer ProAssurance Corp. sold 32,857 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

In a Form 4 filed with the SEC, Paul R. Butrus reported selling the shares on Tuesday for $47.98 to $48.22 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

ProAssurance is based in Birmingham, Ala.

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