Amerisafe Inc. (AMSF)

Profile

https://www.amerisafe.com

Amerisafe Inc. is a specialty provider of workers’ compensation insurance, focusing on small to mid-sized employers in high-hazard industries. The company underwrites policies that cover benefits for injured employees, including temporary or permanent disability, death, and medical expenses, serving sectors such as construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. Amerisafe Inc. actively markets its products in 27 U.S. states through retail and wholesale brokers, agents, and direct relationships with employers. Its operations emphasize disciplined underwriting, risk management, and comprehensive service from policy application through claims settlement. The company generates revenues primarily from gross premiums written, net premiums earned, and investment income, while managing key metrics like loss ratios, underwriting expenses, and combined ratios. Amerisafe Inc. also engages in capital management activities, including regular quarterly cash dividends and occasional special dividends, alongside a share repurchase program. Founded in 1985 and headquartered in DeRidder, Louisiana, Amerisafe Inc. holds an 'A' (Excellent) financial strength rating from A.M. Best and has been recognized on Ward’s 50 top-performing property-casualty companies list for multiple years.