---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-000954"
form_type: "8-K"
ticker: "AMSF"
cik: "0001018979"
company_name: "AMERISAFE INC"
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:13:04.021956+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AMERISAFE Q2 net income falls 74% to $6.1M, operating EPS $0.68 vs $1.04

## Summary
- Net income $6.1M ($0.32 diluted EPS) vs $23.8M ($1.23) in Q2 2021; operating net income $13.1M ($0.68) vs $20.2M ($1.04).
- Net combined ratio worsened to 86.7% from 74.4%; underwriting profit dropped 47.7% to $9.4M.
- Gross premiums written up 1.0% to $74.5M; voluntary premiums down 5.6%, offset by $5.0M in payroll audit adjustments.
- Board declared $0.31 quarterly dividend payable Sept 23; repurchased 77,699 shares at $46.88 avg for $3.6M.
- Book value per share fell 3.2% YTD to $19.95, driven by $9.9M unrealized losses on equity securities.

## SEC filing metadata
- accession: 0001157523-22-000954
- form_type: 8-K
- ticker: AMSF
- cik: 0001018979
- company_name: AMERISAFE INC
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1018979/000115752322000954/0001157523-22-000954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1018979/000115752322000954/a52794556.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-000954
- JSON: https://secwatch.observer/filing/0001157523-22-000954.json
- Plain text: https://secwatch.observer/filing/0001157523-22-000954.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.