secwatch.observer — SEC 8-K summary
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Issuer:     AMERISAFE INC (AMSF)
CIK:        0001018979
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001193125-25-103774
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMERISAFE Q1 net income down 47% to $8.9M; operating EPS $0.60
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- Net premiums earned $68.9M (+0.6% YoY); gross premiums written $83.8M (+4.6%).
- Net income $8.9M ($0.47 diluted EPS) vs $16.9M ($0.88) in Q1 2024; operating earnings $11.4M ($0.60 EPS).
- Net combined ratio 89.1% vs 87.3% as underwriting expense ratio rose to 29.9%.
- Regular quarterly dividend increased 5.4% to $0.39 per share; payable June 20, 2025.
- Book value per share $13.69, up 1.3% from Dec 31, 2024; return on avg equity 13.8%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018979/000119312525103774/0001193125-25-103774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018979/000119312525103774/d938061d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-103774

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