Amerisafe Stock Price, News & Analysis

AMERISAFE, a workers’ compensation insurance provider (Nasdaq: AMSF), reported a Q3 net income of $19.1 million, down 18.1% from last year, with diluted earnings per share at $0.99. The company declared a special cash dividend of $4.00 per share and continues to show a strong net combined ratio of 71.5%. However, net premiums earned decreased by 9.6% to $67.6 million, alongside a 14.4% drop in net investment income. Positive trends in prior accident year claims indicate operational improvements.

AMERISAFE, Inc. (NASDAQ: AMSF) will release its 2021 third quarter financial results on October 27, 2021, after market close. A conference call is scheduled for October 28, 2021, at 10:30 AM Eastern time, where the company will discuss the results. The call can be accessed via phone or live-streamed on the company’s website. AMERISAFE specializes in workers’ compensation insurance for high-hazard industries, active in 27 states, primarily focusing on small to mid-sized employers in sectors like construction and trucking.

AMERISAFE, a workers’ compensation insurance provider, reported its Q2 2021 financial results, showing a decrease in net premiums earned by 8.0% year-over-year to $69.9 million, and a 9.2% decline for the first half of the year. Net investment income also fell by 8.1%. However, net income remained stable at $23.8 million, leading to diluted earnings per share of $1.23. The company achieved a 74.4% net combined ratio, reflecting improved underwriting performance and cost management. Book value per share rose to $24.19, up from $23.94 a year ago.

AMERISAFE, Inc. (Nasdaq: AMSF) has been recognized in Ward’s 50 top performing property-casualty companies for the 13th consecutive year, reflecting exceptional financial performance from 2016 to 2020.

This recognition highlights the company's dedication to safety, consistency, and performance. Janelle Frost, President and CEO, attributed this achievement to the commitment of AMERISAFE employees in transforming risk into opportunity.

AMERISAFE specializes in workers’ compensation insurance for high hazard industries, operating in 27 states.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of 'a+' for American Interstate Insurance Company, Silver Oak Casualty, Inc., and American Interstate Insurance Company of Texas, collectively known as AMERISAFE Insurance Group. Additionally, AM Best has confirmed the Long-Term Issuer Credit Rating of 'bbb+' for AMERISAFE, Inc. (NASDAQ: AMSF), with a stable outlook. This assessment reflects the group's strong balance sheet, operating performance, neutral business profile, and effective enterprise risk management.

AMERISAFE, Inc. (Nasdaq: AMSF) will release its 2021 second quarter financial results on July 28, 2021, after market close. A conference call is scheduled for July 29, 2021, at 10:30 AM Eastern Time, where financial results will be discussed. Interested parties can participate via phone (dial 323-701-0225, Conference Code 2203760) or listen online at www.amerisafe.com. The company specializes in workers’ compensation insurance for high-hazard industries across 27 states.

AMERISAFE, Inc. (Nasdaq: AMSF) has announced the appointment of Mary Ellen Hamel as Senior Vice President of Sales. With over 20 years of experience in the insurance sector, including her recent role as Divisional President at Republic Companies, Ms. Hamel brings valuable expertise in sales management. G. Janelle Frost, President and CEO of AMERISAFE, expressed confidence in Hamel's ability to enhance sales execution, benefiting both the company and its agents. AMERISAFE specializes in workers' compensation insurance for high hazard industries across 27 states.

AMERISAFE, Inc. (Nasdaq: AMSF) reported financial results for Q1 2021, highlighting a significant decline in key metrics compared to Q1 2020. Net premiums earned dropped by 10.4% to $70.746 million, while net investment income fell by 15.0% to $6.583 million. Additionally, net realized gains on investments saw a sharp decline of 67.8%, totaling $319,000. These changes indicate potential challenges in the company's financial performance as it navigates a competitive insurance market.

AMERISAFE, Inc. (Nasdaq: AMSF) will release its Q1 2021 financial results on April 29, 2021, after market close. A conference call to discuss the results is scheduled for April 30, 2021, at 10:30 AM ET. The call can be accessed via phone at 323-794-2093 or online through the Company's website. AMERISAFE specializes in workers' compensation insurance for small to mid-sized employers in high-hazard industries, including construction and agriculture, operating in 27 states.