Amerisafe traded at $26.38 this Friday October 23rd, decreasing $0.20 or 0.75 percent since the previous trading session. Looking back, over the last four weeks, Amerisafe lost 8.25 percent. Over the last 12 months, its price fell by 37.06 percent. Looking ahead, we forecast Amerisafe to be priced at 24.72 by the end of this quarter and at 23.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
AMERISAFE, Inc. is an insurance holding company. The Company provides workers’ compensation insurance for small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, agriculture, maritime, and oil and gas. It provides proactive safety reviews of employers’ workplaces. The Company utilize intensive claims management practices. In addition, its audit services ensure that the Company’s policyholders pay the appropriate premiums required under the terms of their policies and enable it to monitor payroll patterns that cause underwriting, safety or fraud concerns. The Company’s actively market its insurance in 27 states through independent agencies, including retail and wholesale brokers and agents, as well as through its insurance agency subsidiary. It is also licensed in an additional 20 states, the District of Columbia and the United States Virgin Islands.