AMERISAFE, Inc. Announces the Retirement of Millard Morris as Director
January 05, 2023 at 04:05 pm EST
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AMERISAFE, Inc. announced that Millard Morris retired from AMERISAFE's Board of Directors effective December 31, 2022. Mr. Morris founded the Company in 1985. He was the Company's Chairman, Chief Executive Officer and principal shareholder until a majority interest in the Company was sold to a private investment group in 1997.
Following that sale, he continued to serve as a director of the Company until immediately prior to the Company's initial public offering in 2005. In 2007, Mr. Morris was asked to rejoin the Board. At the time of his retirement, Mr. Morris served as the Chair of the Risk Committee.
His experience as the founder of the Company and his long-term service as a director provided him with unique knowledge of the opportunities and challenges of the workers compensation insurance industry.
AMERISAFE, Inc. is an insurance holding company that provides workers compensation insurance. The Company is focused on the small to mid-sized employers engaged in hazardous industries, construction, trucking, logging and lumber, agriculture and manufacturing. Construction includes highway and bridge construction, building and maintenance of pipeline and powerline networks, excavation, commercial construction, roofing, iron and steel erection, tower erection and other specialized construction operations. Trucking includes contract haulers, regional and local freight carriers, special equipment transporters and other trucking companies. The Logging and Lumber includes tree harvesting, tree trimming, sawmills, and other operations associated with lumber and wood products. The Companyâs workers compensation insurance policies provide benefits to injured employees for, among other things, temporary or permanent disability, death, and medical and hospital expenses.
AMERISAFE, INC. 
