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ASI Increases Limits on Excess Casualty Product.


ATLANTA Atlanta (ətlăn`tə, ăt–), city (1990 pop. 394,017), state capital and seat of Fulton co., NW Ga., on the Chattahoochee R. and Peachtree Creek, near the Appalachian foothills; inc. 1847.  -- American Safety Insurance Services, Inc. announced today that it is offering increased limits of $10 million on its excess casualty product.

ASI ASI,
n See Anxiety Sensitivity Index.
 offers umbrella and excess liability coverage over both ASI's and other carriers' general liability policies on both a claims-made and occurrence basis. Eligible classes of business include residential and commercial contractors; industrial, commercial, consumer and non-invasive Non-invasive
A procedure that does not penetrate the body.

Mentioned in: Multiple-Gated Acquisition Scan


non-invasive

1. not penetrating the skin, e.g. a non-invasive test.

2.
 medical products manufacturers and distributors; and real estate risks.

Premiums begin at $1,000 for low- to medium-hazard risks and $1,500 for high-hazard risks, subject to overall policy minimums of $2,500 and $7,500, respectively. This product is offered in most states on non-admitted American Safety Indemnity Recompense for loss, damage, or injuries; restitution or reimbursement.

An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual.
 Co. paper, which is rated "A" (Excellent) VIII by A.M. Best.

For a complete listing of eligible states and excluded classes of business, please visit www.amsafety.com. ASI's excess casualty product is accessible to approved wholesale brokers only. For additional information, please contact Jackie McLaughlin at 732-671-5837 or Pat Hindle at 212-744-0979.

ABOUT ASI

American Safety Insurance Services, Inc. (ASI) offers innovative insurance solutions in the alternative insurance market for environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a , contracting and other specialty risks underwritten by American Safety Casualty Insurance Company, American Safety Indemnity Company and American Safety Risk Retention Group, Inc., which, as a group, are rated "A" (Excellent) VIII by A.M. Best. ASI is a subsidiary of American Safety Insurance Holdings, Ltd., (NYSE NYSE

See: New York Stock Exchange
:ASI), a Bermuda-based holding company.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 11, 2007
Words:234
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