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AMERISAFE, Inc. reports developments as a specialty provider of workers’ compensation insurance for small and mid-sized employers in high-hazard industries. Its coverage focus includes construction, trucking, logging and lumber, agriculture, services, manufacturing and maritime businesses, with premiums as the primary revenue source.
Recurring AMSF news centers on voluntary premiums written, policy retention, net premiums earned, underwriting results, loss ratios, combined ratio performance, investment income and the carrying value of the investment portfolio. Company updates also cover quarterly and special cash dividends, share repurchase authorization, earnings call schedules and executive leadership changes.
AMERISAFE, Inc. (Nasdaq: AMSF) announced plans to release its 2020 third quarter financial results on October 28, 2020, after market close. A conference call will follow on October 29, 2020, at 10:30 AM Eastern Time to discuss these results.
The company specializes in workers’ compensation insurance for high hazard industries and operates in 27 states, focusing on small to mid-sized employers.
AMERISAFE, Inc. (Nasdaq: AMSF) reported its Q2 2020 results, showing a significant decrease in net premiums earned by 8.4% to $75.964 million compared to Q2 2019. Net investment income also fell by 10.3% to $7.324 million. However, net income rose by 33.9% to $23.948 million, with diluted earnings per share increasing to $1.24. The company achieved a net combined ratio of 78.5%, down from 83.9% year-over-year, and experienced favorable prior case development. The ongoing impact of COVID-19 remains a concern for future premiums.
AMERISAFE, Inc. (Nasdaq: AMSF) has been recognized as one of Ward's 50 top performing property-casualty companies for the 12th consecutive year. This accolade highlights the company's superior financial results, safety, consistency, and overall performance from 2015 to 2019. President and CEO Janelle Frost emphasized the significance of this recognition, reflecting AMERISAFE's commitment to quality service and financial strength. The company specializes in workers' compensation insurance for high hazard industries, operating in 27 states.
AMERISAFE, a provider of workers’ compensation insurance for high hazard industries, will release its 2020 second quarter financial results on July 30, 2020, after market close. A conference call will be held on July 31, 2020, at 10:30 AM ET to discuss these results. Interested parties can join the call via phone or online. AMERISAFE focuses on small to mid-sized employers in sectors such as construction and agriculture and markets its services in 27 states.
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