AMERISAFE Inc reported second-quarter 2026 results with revenue of $91.97M, up from $81.09M a year earlier, and diluted EPS of $0.78 versus $0.73 in the year-ago quarter; net income for the quarter was $14.6M, compared with $13.96M in Q2 2025.
Financial Highlights
- Revenue was $91.97M, compared with $81.09M in the prior-year quarter; YoY change 13.4%.
- Net income was $14.60M, compared with $13.96M in the prior-year quarter; YoY change 4.6%.
- Diluted EPS was $0.78, compared with $0.73 in the prior-year quarter; YoY change 6.8%.
Business Highlights
- Net premiums earned rose about 11% year-over-year for the quarter (about 10% year-to-date), driven by higher voluntary premiums and audit adjustments.
- AMERISAFE markets through independent agencies in 27 active states and a captive agency, and is licensed in 20 additional states plus DC and the U.S. Virgin Islands.
- Loss and loss adjustment expense increased roughly 19% for the quarter (17% year-to-date); current accident year loss estimates are about 72% of net premiums earned.
- The company continued emphasis on proactive safety reviews, claims management and premium audits to control severity and pricing.
- Dividends and share buybacks reduced invested assets, modestly lowering investment income and affecting cash available for operations.
Original SEC Filing:
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