UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On October 11, 2023, Andrew McCray advised the Company that he would retire as Executive Vice President, Chief Underwriting Officer. His retirement is effective October 11, 2023.
Mr. McCray has entered into a consulting agreement with the Company. The consulting agreement has a term through December 31, 2024 pursuant to which Mr. McCray will provide insurance and business consulting services to the Company. For these services, the Company will pay Mr. McCray a monthly fee of $30,294. Under the consulting agreement Mr. McCray is subject to confidentiality, non-competition and certain other covenants.
The foregoing description of the Consulting Agreement is qualified in its entirety by the full text of that agreement, a copy of which is incorporated by reference herein.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. |
Description | |
| 10.1 | Consulting Agreement, dated October 11, 2023 between Andrew McCray and the Company. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AMERISAFE, INC. | ||
| By: |
/s/ Kathryn H. Shirley | |
| Kathryn H. Shirley, Executive Vice President, Chief Administrative Officer and Secretary | ||
Date: October 16, 2023