secwatch.observer — SEC 8-K summary
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Issuer:     AMERISAFE INC (AMSF)
CIK:        0001018979
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001193125-24-187560
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 29.7% to $11.0M; diluted EPS $0.57 vs $0.81
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- Net premiums earned rose 4.6% to $68.6M; gross premiums written up 6.6% to $76.4M.
- Net combined ratio worsened to 90.5% from 85.4%; underwriting profit fell 31% to $6.5M.
- Operating EPS $0.58 vs $0.73; prior-year loss development favorable $8.1M.
- Board declared $0.37 Q3 dividend, payable Sept 20; repurchased $4.1M shares in Q2.
- Book value per share $15.78, up 3.3% from year-end; investment portfolio $884.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018979/000119312524187560/0001193125-24-187560-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018979/000119312524187560/d870202d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-187560

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