In industry news:

A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of DeRidder-based AMERISAFE Insurance Group. The outlook of the FSR remains stable, while the outlook of the Long-Term ICRs remains positive. According to A.M. Best, “the ratings reflect AMERISAFE Insurance Group’s strong balance sheet, consistently profitable operating performance, and its established position and expertise in the workers’ compensation market for small- to mid-size companies with high hazard risks.”

Read more via WorkCompWire here.

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