---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-110065"
form_type: "8-K"
ticker: "AMSF"
cik: "0001018979"
company_name: "AMERISAFE INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:11:21.539956+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AMERISAFE Q1 2024 operating EPS $0.69, down 17% YoY; combined ratio 87.3% vs 82.2%

## Summary
- Net premiums earned $68.4M, down 1.1% YoY; net income $16.9M, down 2.4%.
- Diluted EPS $0.88 vs $0.90; operating EPS $0.69 vs $0.83, down 16.9%.
- Net combined ratio 87.3%, up from 82.2% due to higher expense ratio (27.3% vs 24.5%).
- Underwriting profit $8.7M, down 29.2%; favorable prior-year development $8.6M from accident years 2017-2020.
- Quarterly dividend $0.37 per share declared, representing an 8.8% increase from prior year.

## SEC filing metadata
- accession: 0001193125-24-110065
- form_type: 8-K
- ticker: AMSF
- cik: 0001018979
- company_name: AMERISAFE INC
- filed_at: 2024-04-24T23:59:59+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/1018979/000119312524110065/0001193125-24-110065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1018979/000119312524110065/d796294d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-110065
- JSON: https://secwatch.observer/filing/0001193125-24-110065.json
- Plain text: https://secwatch.observer/filing/0001193125-24-110065.txt

## Key facts
- Earnings Releases
  AMERISAFE INC reported the first quarter ended March 31, 2024 results: net income Net income 16,925, EPS Diluted earnings per share $ 0.88.
  - Period: the first quarter ended March 31, 2024
  - Net income: Net income 16,925
  - EPS: Diluted earnings per share $ 0.88
  - Result: reported results
  source text: On April 24, 2024, AMERISAFE, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1018979/000119312524110065/0001193125-24-110065-index.htm

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