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): February 23, 2004


                            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










Item 12.    Results of Operations and Financial Condition.

On February 23, 2004, ProAssurance Corporation. issued a news release announcing
its financial results for its year and quarter ended December 31, 2003, a copy
of which is attached as Exhibit 99.1 to this Current Report and incorporated
herein by reference.

The information in this Form 8-K, including the accompanying exhibit, is being
furnished under Item 12 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.







                                        3


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:  February 23, 2004

                                 PROASSURANCE CORPORATION


                                 By: /s/ Howard H. Friedman
                                 --------------------------------------
                                          Howard H. Friedman
                                        Chief Financial Officer