Major Rating Factors:
Strong long-term capitalization index (7.8 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Good overall profitability index (6.1).
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.0) despite. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AK, AL, AR, CO, DE, FL, GA, IA, IL, IN, KS, KY, LA, MD, MN, MO, MS, NC, NE, NV, OK, PA, SC, TN, TX, VA, WI
Principal Investments:
Investment grade bonds (97.4%), cash (0.8%), other (1.8%)
Corporate Info
Group Affiliation
AMERISAFE Inc
Investment Rating
Company Address
2301 Highway 190 West
DeRidder, LA 70634
DeRidder, LA 70634
Phone Number
(800) 256-9052
NAIC Number
12228
Website
Largest Affiliates