Tackling the Tough Risks

Rough NotesVol. 151 Nbr. 8, August 2008

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Summary


If you're looking for a company to handle a small to mid-sized high hazard workers comp account, you should consider Amerisafe, a DeRidder, LA-based company that has successfully written high hazard accounts for 22 years. The company cut its teeth on one of the most difficult risks for workers comp -- logging. Today, Amerisafe Inc, is a publicly traded holding company with more than $241 million in policyholder surplus at the end of 2007, up from $196 million at year-end 2006. The company is the parent of American Interstate Insurance Co and its wholly owned subsidiaries, Silver Oak Casualty and American Interstate Insurance Co of Texas. Amerisafe's success is based on careful underwriting. Effective claims management also is another key to Amerisafe's success. The company's commitment to a long-term relationship with insureds has been rewarded by an equal commitment from the insureds as Amerisafe boasts an annual retention rate in excess of 90% in each of the last three years.

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Tackling the Tough Risks

If you're looking for a company to handle a small to mid-sized high hazard workers comp account, you should consider Amerisafe, a DeRidder, Louisiana-based company that has successfully written high hazard accounts for 22 years. It currently offers workers comp to target industries in 30 states, the District of Columbia and the U. S. Virgin Islands.

T...

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