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American Safety Insurance Holdings, Ltd. Announces resignation of Steven B. Mathis.


HAMILTON Hamilton, city, Bermuda
Hamilton, city (1990 est. pop. 3,100), capital of Bermuda, on Bermuda Island. It is a port at the head of Great Sound, a huge lagoon and deepwater harbor protected by coral reefs.
, Bermuda -- American Safety Insurance Holdings, Ltd. (NYSE NYSE

See: New York Stock Exchange
: ASI ASI,
n See Anxiety Sensitivity Index.
) announced that effective Friday, May 11, 2007, Steven B. Mathis, Vice President - Planning and Treasurer, has resigned to pursue other interests.

Stephen R. Crim, President and Chief Executive Officer, commented: "Mr. Mathis has been a significant contributor to the success of American Safety Insurance over the years and we will miss his knowledge and experience. We wish Steve all the best in his future pursuits."

About Us:

American Safety Insurance Holdings, Ltd. (NYSE:ASI), a Bermuda-based holding company, 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 through its program administrator, American Safety Insurance Services, Inc., and insurance company subsidiaries American Safety Casualty Insurance Company, 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.
 Company and American Safety Risk Retention Group, Inc., which, as a group, are rated "A" (Excellent) VIII by A.M. Best.
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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:May 14, 2007
Words:146
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