Exhibit C: Listing of ProAssurance Subsidiaries and Capitalization Structure

Summary

This document lists the subsidiaries of ProAssurance, detailing each company's incorporation date, purpose, current activities, and share structure. It includes both active and inactive entities, such as insurance holding companies, independent insurance agencies, and service corporations. The listing provides information on whether shares have been authorized or issued for each subsidiary, as well as their operational status. The document serves as a comprehensive overview of ProAssurance's corporate structure and subsidiary activities.

EX-2.4 5 a5104525ex2_4.txt EXHIBIT 2.4 Exhibit 2.4 / Exhibit C, Listing of ProAssurance Subsidiaries
CAPITALIZATION: STRUCTURE: SHARES SHARES ISSUED COMPANY INCORPORATION CURRENT PURPOSE AND ACTIVITIES AUTHORIZED & OUTSTANDING ISSUED - --------------------------------------------------------------------------------------------------------------------- a. Medical Assurance, Inc. 2/8/1995 Insurance Holding Company b. IAO, Inc. 4/29/1977 Independent Insurance Agency - None Active c. Medical Assurance of 2/26/1988 Independent Insurance Agency - None Indiana Agency, Inc. Inactive d. Mutual Assurance 12/23/1976 Independent Insurance Agency - None Agency of Ohio, Inc. Inactive e. ProAssurance Group 10/23/2001 Alabama Corporation - Houses None Services Corporation Benefit Plans and Employees f. NCRIC Corporation 2/20/2003 Insurance Holding Company g. NCRIC, Inc. 6/24/80 District of Columbia Domestic None Insurer - Active h. American Captive 3/12/2001 District of Columbia Domestic None Corporation Captive - Inactive i. National Capital 11/27/1984 Licensed insurance brokerage - None Insurance Brokerage, Inactive Ltd. j. National Capital Risk None Services, LLC k. NCRIC Insurance 6/26/1989 Independent Insurance Agency - None Agency, Inc. Inactive l. Healthcare Compliance Purchasing Group - Inactive None Purchasing Group, LLC m. E-Health Solutions 2000 Supplier of premium on-line None Group, Inc. learning for health care providers - Inactive n. NCRIC Physicians 1994 Corporation organized to provide a network None Organization, Inc. for managed care contracting w/third party payers o. Professionals Group, 1/31/1996 Insurance Holding Company Inc. p. MEMH Holdings, Inc. 10/21/1998 Insurance Holding Company - Inactive None q. American Insurance 8/31/1988 Attorney-in-Fact for American None Management Corp. Medical Insurance Exchange - Inactive r. Professionals National 1/4/2000 Bermuda Captive - Insurance Risk None Insurance Co., Ltd. Facility - Active s. ProNational Insurance 3/31/1981 Independent Insurance Agency - None Agency, Inc. Inactive t. Physicians Protective 6/12/1972 Independent Insurance Agency - None Plan, Inc. Inactive u. Professionals none NO SUCH ENTITY Protective Plan, Inc. v. Professional Group 5/27/1986 Michigan Corporation - Previously None Services Corp. housed benefit plans w. PRA Services 12/10/1985 TPA for claims related services - None Corporation active