AMSF

AMERISAFE, Inc. provides workers' compensation insurance coverage exclusively to employers in hazardous industries across the United States. Headquartered in DeRidder, Louisiana, the company specializes in serving small to mid-sized employers in high-risk sectors including construction, trucking, logging, agriculture, manufacturing, telecommunications, and maritime operations. AMERISAFE operates through a network of approximately 14 branch offices nationwide and markets its products through independent insurance agents and brokers rather than maintaining a direct sales force. The company differentiates itself through its deep expertise in underwriting specialty workers' compensation risks, maintaining disciplined underwriting standards, and providing loss prevention and safety engineering services to policyholders. With approximately 260 employees, AMERISAFE focuses on niche markets that larger carriers often avoid due to their complex risk profiles. The company has consistently maintained strong statutory capital and surplus levels, which stood at approximately $465 million as of recent filings. AMERISAFE trades on the NASDAQ under the ticker symbol AMSF and has maintained its position as a specialty insurance provider by emphasizing profitable underwriting over premium growth. The company's business model centers on careful risk selection, proactive claims management, and maintaining strong relationships with its network of independent agents who understand the unique needs of hazardous industry employers.