In association with the proposed transaction between NORCAL Mutual Insurance Company and ProAssurance Corporation, the California Department of Insurance has affirmed that NORCAL can proceed to a policyholder meeting and vote on the Plan of Conversion.
Transaction packets containing information on the NORCAL Mutual Special Meeting of Members, a voting proxy, and details on the allocation and distribution of financial proceeds to eligible policyholders have been mailed to NORCAL Mutual policyholders. A set of generic (non-personalized) transaction documents can be found online.
NORCAL Mutual policyholders with questions should contact our information agent, Georgeson, at (888) 206-5970. Policyholders are encouraged to complete and submit the requested information promptly via the secure conversion website or mail. Proxy cards must be received no later than April 21, 2021.
A Special Meeting of NORCAL Mutual Members will take place virtually on April 26, 2021 to approve the transaction. Register online to attend this meeting.
Please note: This meeting had originally been scheduled for April 12. Updated materials regarding the Special Meeting will be mailed to policyholders on March 12.