Major Rating Factors:
Strong long-term capitalization index (7.2 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.6) that helps to protect the company against sharp claims increases. Excellent profitability index (7.3).
Other Rating Factors:
Excellent overall results on stability tests (7.2). Stability strengths include excellent operational trends and excellent risk diversification. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
All states except CT, NJ, OH, also licensed in VI
Principal Investments:
Investment grade bonds (72.8%), common stock (22.0%), cash (0.8%), other (4.4%)
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
31895
Website
Largest Affiliates