(See below for a detailed listing of the companies' ratings.) The ratings of ProAssurance Group reflect its balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management (ERM). The revised outlook to stable for the Long-Term ICRs of ProAssurance Group's members reflects the group's continued strongest level of risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), following the acquisition of NORCAL, supported by financial flexibility afforded by the holding company, solid liquidity, prudent loss reserve position and conservative investments.