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Amerisafe Inc.

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Amerisafe’s prospects look good with tremendous growth opportunities and sustained commendable performance. The company’s efficient claims management and expense control, good underwriting results, favorable loss and frequency trends, prudent reserve analytics, and improved operating leverage impress. Its cash flows and book value per share reflect prudent capital management. Amerisafe maintains a niche market position in the workers' compensation market. We appreciate its ability to maintain combined ratios, at more favorable levels than its peers. It has witnessed consistent growth in book value per share. The Zacks Consensus Estimate is currently pegged at $0.86 for the second quarter reflecting a year over year growth of 2.4%. The company has reported positive earning surprise in last four straight quarters. Nevertheless, soft pricing environment, industry demand, stiff competition and market weakness remain concerns for Amerisafe.<

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