FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * BUTRUS PAUL R   2. Issuer Name and Ticker or Trading Symbol PROASSURANCE CORP [PRA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Senior Advisor (Last) (First) (Middle) C/O PROASSURANCE CORPORATION, 100 BROOKWOOD PLACE 3. Date of Earliest Transaction (Month/Day/Year) 06/25/2007 (Street) BIRMINGHAM, AL 35209-6811 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 06/25/2007   F   1,185 (1) D $ 55.34 265,099 D   Common Stock 06/25/2007   M   1,250 A $ 55.34 266,284 D   Common Stock 06/25/2007   F   4,064 (2) D $ 55.34 265,034 D   Common Stock 06/25/2007   M   5,000 A $ 55.34 269,098 D   Common Stock 06/25/2007   F   5,317 (3) D $ 55.34 264,098 D   Common Stock 06/25/2007   M   7,500 A $ 55.34 269,415 D   Common Stock 06/25/2007   F   5,600 (4) D $ 55.34 261,915 D   Common Stock 06/25/2007   M   10,000 A $ 55.34 267,515 D   Common Stock 06/25/2007   F   12,282 (5) D $ 55.34 257,515 D   Common Stock 06/25/2007   M   25,000 A $ 55.34 269,797 D   Common Stock 06/25/2007   F   14,355 (6) D $ 55.34 244,797 D   Common Stock 06/25/2007   M   26,250 A $ 55.34 259,152 D   Common Stock 06/25/2007   F   17,704 (7) D $ 55.34 232,902 D   Common Stock 06/25/2007   M   28,875 A $ 55.34 250,606 D   Common Stock 06/25/2007   F   65,221 (8) D $ 55.34 221,731 D   Common Stock 06/25/2007   M   109,563 A $ 55.34 286,952 D   Common Stock 06/25/2007   F   2,411 (9) D $ 55.34 177,389 D   Common Stock 06/25/2007   M   4,050 A $ 55.34 179,800 D   Common Stock               9,602 (10) I ProAssurance Group Savings and Retirement Plan [401(k)] Common Stock               47,321 I SEP / Regions Bank

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Buy)

$ 51.48

09/10/2007(11)

09/10/2017

Common Stock

6,250

6,250

D

Employee Stock Option (Right to Buy)

$ 51.38

06/25/2007

M

1,250

09/11/2006(12)

09/11/2016

Common Stock

6,250

$ 0

5,000

D

Employee Stock Option (Right to Buy)

$ 41.15

06/25/2007

M

5,000

09/10/2005(13)

09/10/2015

Common Stock

12,500

$ 0

7,500

D

Employee Stock Option (Right to Buy)

$ 33.28

06/25/2007

M

7,500

09/10/2004(14)

09/10/2014

Common Stock

12,500

$ 0

5,000

D

Employee Stock Option (Right to Buy)

$ 22

06/25/2007

M

10,000

09/04/2003(15)

09/04/2013

Common Stock

12,500

$ 0

2,500

D

Employee Stock Option (Right to Buy)

$ 16.8

06/25/2007

M

25,000

07/15/2002

07/15/2012

Common Stock

25,000

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 21.01

06/25/2007

M

26,250

06/27/2001

12/08/2008

Common Stock

26,250

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 26.03

06/25/2007

M

28,875

06/27/2001

12/01/2008

Common Stock

28,875

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 24.68

06/25/2007

M

113,613

06/27/2001

12/02/2007

Common Stock

113,613

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
BUTRUS PAUL R C/O PROASSURANCE CORPORATION 100 BROOKWOOD PLACE BIRMINGHAM, AL 35209-6811			Senior Advisor

Signatures

Paul R. Butrus		06/26/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The 1,185 shares disposed of reflect 1,161 shares withheld by the issuer to fund the cashless exercise of 1,250 options on 06/25/07, and 24 shares withheld by the issuer to cover the associated tax liability.
(2)	The 4,064 shares disposed of reflect 3,718 shares withheld by the issuer to fund the cashless exercise of 5,000 options on 06/25/07, and 346 shares withheld by the issuer to cover the associated tax liability.
(3)	The 5,317 shares disposed of reflect 4,511 shares withheld by the issuer to fund the cashless exercise of 7,500 options on 06/25/07, and 806 shares withheld by the issuer to cover the associated tax liability.
(4)	The 5,600 shares disposed of reflect 3,976 shares withheld by the issuer to fund the cashless exercise of 10,000 options on 06/25/07, and 1,624 shares withheld by the issuer to cover the associated tax liability.
(5)	The 12,282 shares disposed of reflect 7,590 shares withheld by the issuer to fund the cashless exercise of 25,000 options on 06/25/07, and 4,692 shares withheld by the issuer to cover the associated tax liability.
(6)	The 14,355 shares disposed of reflect 9,966 shares withheld by the issuer to fund the cashless exercise of 26,250 options on 06/25/07, and 4,388 shares withheld by the issuer to cover the associated tax liability.
(7)	The 17,704 shares disposed of reflect 13,582 shares withheld by the issuer to fund the cashless exercise of 28,875 options on 06/25/07, and 4,122 shares withheld by the issuer to cover the associated tax liability.
(8)	The 65,221 shares disposed of reflect 48,862 shares withheld by the issuer to fund the cashless exercise of 109,563 options on 06/25/07, and 16,359 shares withheld by the issuer to cover the associated tax liability.
(9)	The 2,411 shares disposed of reflect 1,806 shares withheld by the issuer to fund the cashless exercise of 4,050 options on 06/25/07, and 605 shares withheld by the issuer to cover the associated tax liability.
(10)	These shares were allocated prior to August 29, 2002 and were exepmt under Rule 16b-3
(11)	The options vest in five equal, yearly installments commencing on September 10, 2007
(12)	The options vest in five equal, yearly installments commencing on September 11, 2006
(13)	The options vest in five equal, yearly installments commencing on September 10, 2005
(14)	The options vest in five equal, yearly installments commencing on September 10, 2004
(15)	The options vest in five equal, yearly installments commencing on September 4, 2003

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