Yesterday, AMERISAFE reported a net income of $13.5 million for the third quarter, up 39% from the same time last year. Gross premiums written were also up to $94 million from $86.1 million last year and the company reported a drop in their combined ratio to 86.4% from 92.5% third quarter 2013. AMERISAFE is based in DeRidder, Louisiana.
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