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. Excellent liquidity (8.9) with ample operational cash flow and liquid investments.
Other Rating Factors:
Good overall profitability index (6.1) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 10.6%. Good overall results on stability tests (6.1) despite. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
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