AMERISAFE, Inc.

Good day, and welcome to the AmeriSafe first quarter 2026 earnings call. Today's conference is being recorded. At this time, I would like to turn the conference over to Catherine Shirley, Chief Administrative Officer. Please go ahead.

Thank you, Operator, and good afternoon, everyone. Welcome to the AmeriSafe 2026 first quarter investor call. If you have not received the earnings release, it is available on our website at AmeriSafe.com. Today, this call is being recorded. A replay of today's call will be available. Details on how to access the replay are in the earnings release. During this call, we will be making forward-looking statements intended to fall within the safe harbor provided under the security law. These statements are based on current expectations and assumptions that are subject to various risks and uncertainties. Actual results may differ materially from the results expressed or implied in these statements. If the underlying assumptions prove to be incorrect or as the results of risk, uncertainty, and other factors, including factors discussed in the earnings release, in the comments made during today's call, and in the risk factor section of our Form 10-K, Form 10-Q, and other reports and filings with the Securities and Exchange Commission. We do not undertake any duty to update Any forward-looking statements? I will now turn the call over to Janelle Frost, AmeriSafe's President and CEO.

Thank you, Catherine, and good afternoon. We are pleased with our solid start to 2026, marked by continued growth, disciplined execution, and attractive underwriting performance. During the quarter, we grew net premiums earned by 9%. We also delivered a combined ratio of 93.2% and produced operating earnings of $0.50 per share. These results reflect steady operating momentum amongst the competitive backdrop facing the workers' compensation industry. The workers' compensation market remains competitive and continues to operate in a prolonged, soft pricing environment amid persistent industry headwinds, such as claims severity and economic uncertainty. At the same time, workers' compensation remains the most consistently profitable line within the P&C industry, supported by long-term claim development, and stable capital structures. In this environment, sustained success depends on appropriately priced risk selection and deep industry experience. At AmeriSafe, our differentiated approach to servicing high hazard industries continues to support consistent returns across cycles. Our eighth consecutive quarter of premium growth, continued improvement in our expense ratio, and favorable prior year loss development underscore the strength of our operating model and the dedication of our team. We believe these fundamentals position us well to navigate current market conditions while continuing to create long-term value for our shareholders. I'll now turn the call over to Vincent to walk through the details of our growth and underwriting performance for the quarter.