secwatch.observer — SEC 8-K summary
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Issuer:     AMERISAFE INC (AMSF)
CIK:        0001018979
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001157523-22-000954
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018979/000115752322000954/0001157523-22-000954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018979/000115752322000954/a52794556.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000954

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