AMSF AMERISAFE Inc

DERIDDER, La., Sept. 5 /PRNewswire-FirstCall/ -- AMERISAFE, Inc. (NASDAQ:AMSF), a specialty writer of high hazard workers' compensation insurance, today announced that A.M. Best Co. has increased the Financial Size Category (FSC) of the Company to IX, which designates companies whose adjusted policyholder surplus totals between $250 million and $500 million. AMERISAFE was previously in FSC VIII, which designates companies with an adjusted policyholder surplus between $100 million and $250 million. The FSC increase applies to AMERISAFE and its wholly owned insurance subsidiaries: American Interstate Insurance Company, Silver Oak Casualty, Inc. and American Interstate Insurance Company of Texas. AMERISAFE's CEO and President, Allen Bradley, stated, "We are pleased to have achieved a new milestone in the growth of AMERISAFE. We have worked diligently to grow and strengthen our balance sheet. This new designation will enhance our competitive position in our existing markets and provide us with opportunities to participate in new markets." AMERISAFE's Financial Strength Rating (FSR) remains at "A-" (Excellent) with a stable outlook. A.M. Best ratings are directed toward the concerns of policyholders and insurance agencies and are not intended for the protection of investors or as a recommendation to buy, hold or sell securities. AMERISAFE, Inc. is a specialty provider of workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging, agriculture, oil and gas, maritime and sawmills. AMERISAFE actively markets workers' compensation insurance in 30 states and the District of Columbia. The Company's financial strength rating is "A-" (Excellent) by A.M. Best. Contacts: Geoff Banta, EVP & CFO AMERISAFE, Inc. 337-463-9052 Ken Dennard, Managing Partner Karen Roan, Sr.VP DRG&E / 713-529-6600 DATASOURCE: AMERISAFE, Inc. CONTACT: Geoff Banta, EVP & CFO of AMERISAFE, Inc., +1-337-463-9052; or Ken Dennard, Managing Partner, or Karen Roan, Sr.VP, both of DRG&E, +1-713-529-6600, for AMERISAFE, Inc.

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