Amerisafe (NASDAQ: AMSF) will release its third quarter fiscal year 2026 financial results on Wednesday, October 28, 2026, after the market closes. The specialty workers' compensation insurer plans to host a conference call and live webcast the following day.

Conference call details

The company will discuss its financial performance during a conference call scheduled for Thursday, October 29, 2026, at 10:00 am Eastern Time (9:00 am Central Time). Investors can access the live webcast via the link provided in the company's investor relations section.

A replay of the webcast will remain available for a period of 12 months in the "Investors" section of the Amerisafe website following the call.

Company profile

Amerisafe is a specialty provider of workers' compensation insurance focused on small to mid-sized employers in hazardous industries. Its primary sectors include construction, trucking, logging and lumber, agriculture, services, manufacturing, and maritime. The company actively markets insurance in 27 states. Contact for inquiries is Guillermo Ramos, EVP & CFO.

AMERISAFE reported net income of $14.6 million for the second quarter ended June 30, 2026, an increase of 4.6% compared to the prior year. Diluted earnings per share rose 6.8% to $0.78. The company achieved a return on average equity of 23.5% for the quarter, supported by a 7.9% increase in gross premiums written to $85.9 million. Net premiums earned grew 11.4% to $77.3 million, reflecting strong audit premium production and organic growth initiatives.

Financial Results

The company reported operating net income of $8.3 million, or $0.44 per diluted share, influenced by a one-time bad debt write-off of $700,000. Net investment income decreased 2.4% to $6.5 million, driven by lower average investable assets following capital return activities. Despite the decline in income, the tax-equivalent book yield increased to 3.9%, up 6 basis points from the prior year. The net combined ratio for the quarter was 95.4%, compared to 91.7% in the second quarter of 2025.

Insurance Operations

Underwriting profit for the quarter was $3.6 million, a decrease of 37.9% from the prior year. The current accident year loss ratio was 72.0%, compared to 71.0% in the second quarter of 2025. Loss and loss adjustment expenses incurred were $48.3 million, an increase of 18.9% year-over-year. Favorable reserve development from prior accident years totaled $7.3 million.

Capital Management

During the second quarter of 2026, AMERISAFE repurchased 181,000 shares of its common stock at an average cost of $30.58 per share, totaling $5.6 million. Book value per share at June 30, 2026, was $13.49. On July 21, 2026, the Board of Directors declared a quarterly cash dividend of $0.41 per share, payable on September 25, 2026, to shareholders of record as of September 11, 2026. Statutory surplus stood at $200.8 million at quarter end.