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    Sidney Schultz

    Research Analyst at Raymond James

    Sidney Schultz is an Equity Research Senior Associate whose expertise is focused on company and sector analysis within the financial services industry. Schultz has covered multiple prominent companies, providing detailed research and market insights to institutional clients, emphasizing accuracy and actionable investment recommendations. Beginning their career in the finance sector, Schultz currently holds a senior analyst role and previously contributed at Jefferies, building a track record of reliable coverage and analytical rigor. Their professional credentials are underscored by experience in equity research, quantitative modeling, and strong sector specialization.

    Sidney Schultz's questions to PROASSURANCE (PRA) leadership

    Sidney Schultz's questions to PROASSURANCE (PRA) leadership • Q1 2024

    Question

    Sidney Schultz from Raymond James inquired about the workers' compensation line, asking if the market could reach a rate inflection point in the next year or two, given ProAssurance's early recognition of severity trends amidst ongoing market-wide rate decreases.

    Answer

    President and CEO Edward Rand stated that an inflection point is necessary, as declining claim frequency cannot continue indefinitely while medical severity trends are becoming more meaningful and are an 'unquestionable' factor. He believes the broader market will eventually have to respond to these trends, but ProAssurance is currently focused on managing its own book of business based on its observations.

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