secwatch.observer — SEC 8-K summary
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Issuer:     AMERISAFE INC (AMSF)
CIK:        0001018979
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001193125-24-110065
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018979/000119312524110065/0001193125-24-110065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018979/000119312524110065/d796294d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-110065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer