COLUMBUS, Ohio, May 14, 2008 (PRIME NEWSWIRE) -- ProCentury Corporation (Nasdaq:PROS), a specialty property and casualty insurance holding company, today announced that its Board of Directors has approved a cash dividend of $0.04 per share. The dividend will be payable on June 11, 2008 to stockholders of record on May 28, 2008.

About ProCentury Corporation

ProCentury Corporation (Nasdaq:PROS) is a specialty property and casualty insurance holding company. Its subsidiary, Century Surety Company, underwrites general liability, commercial property, and multi-peril insurance for small and mid-sized businesses. Century Surety Company primarily writes excess and surplus lines insurance and markets its products through a select network of general agents.

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ProCentury Corporation
Jeff Racz
614-823-6302