INDIANAPOLIS (February 1, 2009) - Carmen Commercial Real Estate announced today that it has completed the negotiations with Allen Commercial Group to construct a 30,000 square foot office building that will house CARMEN’s client ProAssurance. “For the past eight years we have counted on Carmen Commercial Real Estate and its Principal, Chris Carmen, to represent our business as a trusted advisor.” said Katie Neville, Vice President, Legal Counsel of ProAssurance. The building is expected to be completed are ready for ProAssurance’ occupancy during January 2009.
About ProAssurance:
ProAssurance Corporation is a specialty insurer with over $3.4 billion in assets and almost $573 million in gross written premiums. The company was formed by the combination of Medical Assurance, Inc. and Professionals Group, Inc. in June 2001.As the nation's fifth largest active writer of medical professional liability insurance, ProAssurance operates the subsidiaries, The Medical Assurance Company, Inc., Woodbrook Casualty Insurance Company (formerly Medical Assurance of West Virginia, Inc.), ProNational Insurance Company, NCRIC, Inc., Physicians Insurance Company of Wisconsin, Inc., and Red Mountain Casualty Insurance Company, Inc., which are recognized leaders in developing solutions which serve the needs of the evolving health care industry.
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