Every material Form 8-K Amerisafe filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
AMERISAFE reported third-quarter 2024 net income of $14.3 million, or $0.75 per diluted share, up from $9.961 million, or $0.52, a year earlier. Operating earnings per share fell to $0.58 from $0.61, and the company also declared a $3.00 per share special dividend plus a $0.37 regular dividend, both payable December 13, 2024. The special dividend returns excess capital directly to shareholders.
Q3 2024 net income was $14.3 million, up 43.8%; diluted EPS was $0.75 versus $0.52.
Operating EPS was $0.58, down 4.9% from $0.61 in Q3 2023.
Net premiums earned rose 0.6% to $67.1 million; net combined ratio was 90.9% versus 90.6%.
Special dividend of $3.00 per share and regular dividend of $0.37 per share are payable December 13, 2024, to holders of record December 6, 2024.
AMERISAFE reported second-quarter 2024 net income of $11.0 million, down 29.7% from $15.6 million a year earlier, and diluted EPS of $0.57, down from $0.81. Net premiums earned rose 4.6% to $68.6 million, but higher loss and expense costs cut underwriting profit by 31.2% to $6.5 million, so shareholders saw lower per-share earnings even as the insurer wrote more business.
Diluted EPS was $0.57 for the quarter, versus $0.81 in Q2 2023; operating EPS was $0.58, versus $0.73.
Net premiums earned rose 4.6% to $68.6 million, while the net combined ratio worsened to 90.5% from 85.4%.
Favorable prior accident year reserve development reduced loss expenses by $8.1 million.
The Board declared a quarterly dividend of $0.37 per share on July 26, 2024, payable September 20, 2024; a conference call is set for July 30, 2024.
AMERISAFE reported first-quarter 2024 results on April 24, 2024, with net income of $16.9 million and diluted EPS of $0.88, both slightly lower than a year earlier. Total revenues rose to $80.5 million, but net premiums earned fell 1.1%, and the net combined ratio worsened to 87.3% from 82.2%, so underwriting profit fell 29.2%. For shareholders, the quarter shows steady headline earnings but weaker underlying insurance profitability.
Net income was $16.9 million, down 2.4% from $17.3 million; diluted EPS was $0.88 versus $0.90.
Operating earnings per share, a non-GAAP measure, fell 16.9% to $0.69 from $0.83.
Net combined ratio rose to 87.3% from 82.2%, and underwriting profit fell 29.2% to $8.7 million.
Book value per share was $15.74 at March 31, 2024, up 3.0% from $15.28 at December 31, 2023; a $0.37 quarterly dividend was declared April 23, 2024.
AMERISAFE reported fourth-quarter and full-year 2023 results and raised its quarterly dividend 8.8% to $0.37 per share. Full-year net income rose 11.7% to $62.1 million, or $3.23 diluted EPS, while fourth-quarter net income fell 7.7% to $19.2 million, or $1.00 per share. The mixed quarterly and annual picture, plus the higher dividend, is what shareholders will weigh.
Full-year 2023 net income $62.1 million vs. $55.6 million in 2022; diluted EPS $3.23 vs. $2.88
Fourth-quarter 2023 net income $19.2 million vs. $20.8 million; diluted EPS $1.00 vs. $1.08
Full-year 2023 net premiums earned fell 1.7% to $267.1 million; net combined ratio 85.9% vs. 83.6%
Quarterly dividend raised from $0.34 to $0.37 per share, payable March 22, 2024, to holders of record as of March 8, 2024
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Amerisafe filing is on SEC EDGAR ↗. 8-K briefs of other companies →