The Texas Permanent School Fund Corporation (TPSFC) is a state agency that manages the investments of public school districts in Texas. As part of its investment portfolio, TPSFC has holdings in ProAssurance Co., which is a publicly traded insurance company listed on the New York Stock Exchange under the ticker symbol NYSEPRA.
ProAssurance Co. is a provider of property and casualty insurance products to businesses and individuals. The company was founded in 1982 and is headquartered in St. Louis, Missouri. As of its most recent financial report, ProAssurance Co. had assets of $3.5 billion and net income of $40 million.
TPSFC's holdings in ProAssurance Co. represent a small portion of the company's overall investment portfolio. However, as a publicly traded company, any significant changes in TPSFC's holdings could potentially impact the stock price and financial performance of ProAssurance Co.
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