Welcome to our dedicated page for Amerisafe news (Ticker: AMSF), a resource for investors and traders seeking the latest updates and insights on Amerisafe stock.
AMERISAFE, Inc. (NASDAQ: AMSF) is a specialty workers’ compensation insurer focused on small to mid-sized employers in high-hazard industries such as construction, trucking, logging and lumber, agriculture, and manufacturing. This news page aggregates the company’s Business Wire announcements and related updates so investors can review how AMERISAFE reports on its operations and financial performance over time.
AMERISAFE’s news flow is anchored by quarterly earnings releases, where the company discusses gross premiums written, net premiums earned, loss and loss adjustment expenses, underwriting profit, investment income, and key insurance ratios like the net combined ratio. These releases often highlight trends in voluntary premiums on policies written, policy retention, new business production, and reserve development.
In addition to earnings, AMERISAFE issues news about capital management actions, including declarations of regular quarterly cash dividends, special cash dividends, and activity under its share repurchase program. Press releases also cover board authorizations or reauthorizations of the repurchase program and summarize cumulative repurchase activity.
Corporate governance and recognition items appear in the news stream as well. Examples include announcements of executive leadership changes, such as the planned resignation of the Chief Financial Officer, and recognition like AMERISAFE’s repeated inclusion in the Ward’s 50 top-performing property-casualty companies list. Earnings call schedules and webcast details are also announced in advance, allowing investors and analysts to plan for management’s commentary.
By following this AMSF news page, readers can monitor AMERISAFE’s reported underwriting trends, investment results, dividend policy, and share repurchase decisions, as well as leadership and recognition developments that may be relevant to understanding the company’s workers’ compensation franchise.
AMERISAFE, Inc. (NASDAQ: AMSF) has announced a 9.7% increase in its quarterly dividend, raising it from
AMERISAFE, Inc. (Nasdaq: AMSF) reported a net income of $55.6 million for 2022, a 15.4% decline from the previous year. The company achieved a return on equity of 15.5% and a net combined ratio of 83.6%.
In Q4 2022, net premiums earned fell 2.5% to $66.1 million, while net investment income grew 25.8% to $7.6 million. The diluted earnings per share increased to $1.08 from $0.18.
The Board approved a 6.5% increase in the quarterly dividend, now $0.34 per share, payable March 24, 2023.
AMERISAFE, Inc. (NASDAQ: AMSF), a specialist in workers' compensation insurance for high hazard industries, is set to release its fourth quarter and full-year financial results for 2022 on February 20, 2023, after the market closes. A conference call will follow on February 21, 2023, at 11:00 AM Eastern Time. The webcast will be accessible through their website, and an archive will be available for 60 days. AMERISAFE serves small to mid-sized businesses across 27 states, focusing on sectors like construction and agriculture.
AMERISAFE, Inc. (NASDAQ: AMSF) announced the retirement of Millard Morris from its Board of Directors, effective December 31, 2022. Morris, the founder of AMERISAFE, served on the board since 2007 after previously holding positions including Chairman and CEO. His extensive knowledge of hazardous workers' compensation insurance has greatly benefited the company. Current Chairman Jared Morris and CEO Janelle Frost expressed gratitude for his leadership and vision, highlighting the company's commitment to serving small to mid-sized employers in hazardous industries across 27 states.
AMERISAFE, Inc. (NASDAQ: AMSF) announced a special cash dividend of
AMERISAFE, a specialty provider of workers’ compensation insurance, reported Q3 2022 results with net premiums earned at $67.8 million, showing a marginal increase of 0.2% year-over-year. However, net income dropped significantly by 40.6% to $11.4 million, with diluted earnings per share falling to $0.59. The net combined ratio increased to 85.4%, up from 71.5% in Q3 2021, indicating higher claims costs. Investment income grew by 15.4% to $7.0 million, but net unrealized losses on equity securities amounted to $4.1 million. The company declared a special dividend of $4.00 per share, alongside regular dividends.
AMERISAFE, Inc. (NASDAQ: AMSF) will release its 2022 third quarter financial results on October 26, 2022, after market close. A conference call will follow on October 27, 2022, at 10:30 AM ET. The call will be accessible via phone at 323-701-0225 (Conference Code 3095655) or online at www.amerisafe.com. AMERISAFE provides workers’ compensation insurance for high hazard industries and operates across 27 states.
AMERISAFE, Inc. (NASDAQ: AMSF) has announced the appointment of
AMERISAFE, Inc. (Nasdaq: AMSF) reported its Q2 2022 results, showing a net combined ratio of 86.7%, up from 74.4% in Q2 2021. Net income plummeted by 74.2% to $6.1 million, translating to a diluted EPS of $0.32, a 74.0% decline year-over-year. Despite a modest increase in net premiums earned by 0.6% to $70.3 million, net investment income fell by 3.6%. Shareholder returns were impacted by a 17.5% decrease in book value per share.
AMERISAFE, Inc. (NASDAQ: AMSF) has been recognized as one of Ward's 50 top performing property-casualty companies for the 14th consecutive year. This accolade highlights the company's exceptional financial performance, safety measures, and consistency from 2017 to 2021. Janelle Frost, President and CEO, attributes this achievement to the dedication of the employees who aid injured workers and enhance the company's financial stability. AMERISAFE specializes in workers' compensation insurance for small to mid-sized employers in hazardous industries across 27 states.