Andrew McCray
On October 11, 2023, Andrew McCray advised the Company that he would retire as Executive Vice President, Chief Underwriting Officer.
Highest-materiality recent filing
AMERISAFE Q2 net income up 4.6% to $14.6M; operating EPS down 17% to $0.44
Net income $14.6M ($0.78 diluted EPS) vs $14.0M ($0.73) YoY; operating net income $8.3M ($0.44) down 17.9%.
Shareholders reject officer exculpation, approve technical charter amendments at 2026 annual meeting
Officer exculpation amendment failed: 8.96M for, 7.01M against; needed two-thirds of outstanding shares (12.47M).
AMERISAFE reports Q1 2026 net income $8.1M, diluted EPS $0.43; voluntary premiums up 8.2% YoY
Gross premiums written $88.5M, up 5.6% YoY; net premiums earned $75.1M, up 9.0%.
AMERISAFE appoints Guillermo A. Ramos as EVP & CFO effective May 7, 2026
Guillermo A. Ramos appointed EVP & CFO, effective May 7, 2026.
AMERISAFE Q4 net income down 21% to $10.4M; dividend raised 5.1% to $0.41
Q4 2025 diluted EPS $0.55 (down 20.3% YoY); full-year EPS $2.47 (down 14.5%).
AMERISAFE CFO Anastasios Omiridis resigns effective Nov 30, 2025
Omiridis resigns as EVP and CFO to pursue another opportunity; no disagreement with company.
AMERISAFE Q3 EPS $0.72 (-4% YoY); declares special dividend $1.00/share
Q3 diluted EPS $0.72, operating EPS $0.55; net income $13.8M, down 3.5% YoY.
AMERISAFE Q2 net income up 27% to $0.73 EPS; operating EPS down 9% to $0.53
Gross premiums written rose 4.3% to $79.7M; voluntary premiums on policies written up 12.8%.
AMERISAFE reauthorizes $25M share repurchase program with no expiration date
Board reauthorized $25M share repurchase program, replacing prior program with no expiration date.
AMERISAFE shareholders approve director stock plan amendment, elect directors at annual meeting
Shareholders approved increase of 50,000 shares and max annual award to $200,000 under Non-Employee Director Restricted Stock Plan.
AMERISAFE Q1 net income down 47% to $8.9M; operating EPS $0.60
Net premiums earned $68.9M (+0.6% YoY); gross premiums written $83.8M (+4.6%).
AMERISAFE reports 2024 net income $55.4M, down 10.7% YoY; raises quarterly dividend 5.4% to $0.39
Full-year net income $55.4M ($2.89 diluted EPS) vs $62.1M ($3.23) in 2023, down 10.7%.
AMERISAFE Q3 net income up 43.8% to $14.3M; declares special dividend of $3.00/share
Diluted EPS $0.75 (up 44.2% YoY); operating EPS $0.58 (down 4.9% YoY).
AMERISAFE Q2 net income falls 29.7% to $11.0M; diluted EPS $0.57 vs $0.81
Net premiums earned rose 4.6% to $68.6M; gross premiums written up 6.6% to $76.4M.
Philip A. Garcia elected with 17,492,970 votes for; Randall E. Roach with 14,576,571 votes for.
AMERISAFE Q1 2024 operating EPS $0.69, down 17% YoY; combined ratio 87.3% vs 82.2%
Net premiums earned $68.4M, down 1.1% YoY; net income $16.9M, down 2.4%.
AMERISAFE posts $62.1M net income in 2023, Q4 EPS down 7.4% YoY; dividend raised 8.8%
Full-year net income $62.1M (diluted EPS $3.23) vs $55.6M ($2.88) in 2022, up 11.7%.
AMERISAFE board adopts annual say-on-pay advisory votes after shareholder vote
Shareholders voted 17,203,963 for every year, 778,188 for every three years, 1,156 abstentions.
AMERISAFE Q3 net income down 12% to $10M; declares $3.50 special dividend
Net income $9.96M ($0.52 diluted EPS) vs $11.36M ($0.59) in Q3 2022, down 12.3%.
AMERISAFE EVP & Chief Underwriting Officer Andrew McCray retires, enters consulting agreement
Andrew McCray retired as EVP and Chief Underwriting Officer effective October 11, 2023.
AMERISAFE Q2 2023 net income $15.6M, EPS $0.81, ROE 18.6%
Net income $15.6M ($0.81 diluted EPS) vs $6.1M ($0.32) in Q2 2022, up 155%.
Michael J. Brown, G. Janelle Frost, Sean M. Traynor elected as directors with 17.8M, 17.7M, and 15.5M votes for, respectively.
AMERISAFE Q1 net income flat at $17.3M; ROE 21.3%, dividend raised 9.7%
Net premiums earned $69.2M (+2.4% YoY); diluted EPS $0.90 vs $0.89.
AMERISAFE reports FY2022 net income $55.6M, combined ratio 83.6%; raises dividend 9.7%
Full-year 2022 net income $55.6M ($2.88 diluted EPS); operating EPS $3.07.
AMERISAFE founder and director Millard Morris retires; board size reduced to 8
Millard E. Morris retired from the Board of Directors effective December 31, 2022.
AMERISAFE Q3 operating EPS $0.73; declares special dividend of $4.00/share
Q3 net income $11.4M ($0.59 diluted EPS), operating net income $14.1M ($0.73 operating EPS).
AMERISAFE appoints Andy Omiridis as CFO effective Sept 1, 2022; base salary $450k + $1.1M RSU
Andy Omiridis joins as EVP & CFO on Sept 1, 2022, replacing retiring Neal Fuller.
AMERISAFE Q2 net income falls 74% to $6.1M, operating EPS $0.68 vs $1.04
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).
AMERISAFE shareholders elect directors, approve compensation plans at 2022 annual meeting
Directors Teri G. Fontenot, Billy B. Greer, Jared A. Morris elected with 17.8M, 18.3M, 16.7M votes respectively.
AMERISAFE Q1 net income down 10% to $17.3M; operating EPS up 8% to $0.82
Net premiums earned $67.6M (-4.5% YoY); net combined ratio improved to 80.1% from 84.6%.
AMERISAFE Q4 net income $3.5M (EPS $0.18) down 87.6% YoY; dividend raised 6.9% to $0.31
Q4 diluted EPS $0.18 vs $1.47 LY; net income $3.5M, down 87.6% YoY.
AMERISAFE expands board to nine; appoints Billy Greer as director effective March 15, 2022
Board increased from eight to nine members; Greer fills the newly created vacancy.
AMERISAFE CFO Neal Fuller plans to retire in 2022; search underway for successor
Neal Fuller, CFO since September 2015, informed company of planned retirement in 2022.
AMERISAFE Q3 net premiums -9.6%, net income -18.1%; declares $4 special dividend
Net premiums earned $67.6M (-9.6% YoY), net income $19.1M (-18.1%), diluted EPS $0.99 vs $1.21.
AMERISAFE Q2 net income $23.8M ($1.23 EPS); combined ratio 74.4%
Net premiums earned fell 8.0% to $69.9M; gross premiums written down 8.2%.
On October 11, 2023, Andrew McCray advised the Company that he would retire as Executive Vice President, Chief Underwriting Officer.
On December 29, 2022, Millard E. Morris, a member of the Board of Directors of AMERISAFE, Inc. (“AMERISAFE” or the “Company”), advised the Board of Directors that he would retire as a member of the Board effective December 31, 2022.
On August 19, 2022, the Board of Directors (the “Board”) of AMERISAFE, Inc. (the “Company”) appointed Anastasios (Andy) Omiridis, age 54, as the Company’s Executive Vice President and Chief Financial Officer, effective September 1, 2022.
As previously reported, he will replace Neal Fuller who announced his intention to retire in December 2021.
At the same meeting, the Board appointed Billy Greer to fill the newly created vacancy, effective March 15, 2022.
On December 1, 2021, Neal A. Fuller, Chief Financial Officer advised the Company that he expects to retire from AMERISAFE, Inc. (the “Company”) in 2022 and that he will remain with the Company to assist in the transition of his responsibilities to his successor.
Max materiality 0.80 · Median 0.65 · Most common event earnings