ASI Introduces Coverage for Fire & Water Restoration Contractors.ATLANTA -- American Safety Insurance Services, Inc. announced today that it is now providing coverage for certain classes of restoration contractors. The combined general, professional and pollution liability policy, which can include coverage for mold mold, name for certain multicellular organisms of the various classes of the kingdom Fungi, characteristically having bodies composed of a cottony mycelium. The colors of molds are caused by the spores, which are borne on the mycelium. , targets fire, water and disaster restoration contractors who perform operations in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[] As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh. with the restoration contracting guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. published by the Institute of Inspection, Cleaning and Restoration Certification. "ASI's restoration contractors program is intended to fill the gap in professional liability coverage for services rendered in accordance with the S520 Standard and Reference Guide for Professional Mold Remediation and the S500 Standard Reference Guide for Professional Water Damage Restoration," said Preston Starr, Director of Environmental Underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. at ASI ASI, n See Anxiety Sensitivity Index. . "This is a newly identified gap in coverage where we feel that we can provide a solution. Furthermore, our ability to provide a complete package eliminates the need for brokers to piece together an insurance program that meets the specifications of most insurance service providers." Coverage is written on non-admitted American Safety Indemnity Co. paper, which carries an "A" (Excellent) rating from A.M. Best. Limits up to $11 million are available. General and pollution liability coverages are on an occurrence form, with profession liability and optional mold coverage offered on a claims-made basis. Premiums begin at $2,500 with a mold exclusion and $5,000 with mold coverage. This product is offered through a select group of wholesalers; please visit our website, www.amsafety.com, to locate the wholesaler nearest you or to learn more about this product. 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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