BNET Industries
Last Fiscal Year Sales:$300.0M
- Private
- US
Dow Jones Description
Property & Casualty Insurance
President & CEO
Scott G. ThompsonNumber of Employees 40
Contact Information
3715 N Side Pkwy Bldg 400 8th Floor
Atlanta, Georgia 30327
(404) 266-9599
Peer Companies
NAICS Code Direct Property and Casualty Insurance Carriers: 524126
Recent Events
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American Safety ASI Posts Q3 EPs of $0.47, In-Line with Street
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American Safety Insurance chief accounting officer resigns
News & Analysis
Filter by
american safety insurance co. - All News and Analysis
American Safety Insurance Increases Environmental Surety Bond Limits
ATLANTA -- American Safety Insurance Services, Inc. has increased its environmental surety bond limits to $5 million single and $10 million aggregate with no collateral requirements. ASI's Environmental Surety Bond Unit specializes in performance and payment contract bonds for small to medium size environmental contractors, underwritten by experienced underwriters...
American Safety Insurance Launches ART Solutions™ Product
ATLANTA -- American Safety Insurance announced that the company is now offering ART Solutions, a product for risk retention groups, captives and small insurance companies who can benefit from access to ASI's A.M. Best "A" rated paper. Ideal ART Solutions candidates have expertise in underwriting a specific class of...
American Safety Insurance enters E&S property market
American Safety Insurance Services announced its entrance into the surplus-lines property market, offering both monoline property and commercial multiperil coverage. Targeted classes of business include habitational risks, mercantile/shopping centers, builders risk, vacant commercial property and light manufacturers.The CMP product can include property, inland marine, general liability and crime coverages. Policies...
A.M. Best Affirms 'A' Rating and Changes Outlook for American Safety Insurance Group of Companies to "Stable"
HAMILTON, Bermuda -- American Safety Insurance Holdings, Ltd. (NYSE:ASI) announced today that A.M. Best Company has affirmed the rating of "A" Excellent of its U.S. insurance and Bermuda reinsurance subsidiaries, and has changed the outlook to "stable". The rating applies to the members of the American Safety Insurance Group...
American Safety Insurance
When American Safety Insurance ASI entered the program business market in 1996, one of its first ventures was a pest control program for a small insurance company in Louisiana that was looking to expand into other states, according to Brad Isaacson, director of program business for ASI. "We have since...
American Safety Insurance enters general liability market for certain risks
American Safety Insurance Services Inc. announced it will enter the general liability market for non-construction risks and expand its capability to offer excess and umbrella liability coverage. The target market for the non-construction GL coverage will be current and discontinued industrial, commercial and consumer products. Premiums begin at $7,500, with...
American Safety Insurance expands site pollution impairment product
American Safety Insurance Services Inc. expanded the coverage of its Site Pollution Impairment Legal Liability SPILL product. The policy can provide coverage for sudden, accidental and gradual pollution conditions; off- and on-site third-party bodily injury, property damage and clean-up costs; underground storage tanks; and unknown pre-existing conditions.Premiums begin at $5,000;...
American Safety Insurance Raises $25 Million Through Trust Preferred Offering
ATLANTA -- American Safety Holdings Corp. ("American Safety Insurance"), a wholly-owned subsidiary of American Safety Insurance Holdings, Ltd. (NYSE: ASI), announced today that it has completed a $25 million private placement of trust preferred securities. The securities have a fixed interest rate of 8.31% for the first five years, and...
Zacks' Low Price Stocks Strategy Highlights: American Safety Insurance, Bluegreen, Felcor Lodging, and Mesa Air
CHICAGO -- Looking for stocks priced below $20? How about companies with discount valuations and a track record of positive trend in earnings estimates revisions? The Low Price Stocks Profit Track Strategy identifies such stocks. This screen generated a 54.8% return in 2004 and has a win ratio of nearly...
American Safety Insurance
American Safety Insurance ASI entered the program business market in 1996, according to Joe Scollo, executive vice president in the company's specialty insurance division. "One of our first programs was a pest control program for a small insurance company in Louisiana looking to expand into other states," says Scollo. "We...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Scott G. Thompson | President & CEO |
| Stephen R Crim | President and Chief Executive Officer of American |
| Jeffrey Hood | Senior Vice President of Technical Services of Americ |
| Frank Dunne | Vice President |
| Gail Lee | Vice President & Secretary |
| Steve Graham | Director of Environmental Underwriting |
| Tony Tortorici | Director of Claims |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Calvin J. Wall | Chairman |
| Organization | Position | Status |
|---|---|---|
| American Safety Insurance Company | President & CEO | Current |
| Atlantic American Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| American Safety Insurance Company | President and Chief Executive Officer of American | Current |
| Organization | Position | Status |
|---|---|---|
| American Safety Insurance Company | Senior Vice President of Technical Services of Americ | Current |
| Organization | Position | Status |
|---|---|---|
| American Safety Insurance Company | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| American Safety Insurance Company | Vice President & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| American Safety Insurance Company | Director of Environmental Underwriting | Current |
| Organization | Position | Status |
|---|---|---|
| American Safety Insurance Company | Director of Claims | Current |
| Organization | Position | Status |
|---|---|---|
| American Safety Insurance Company | Chairman | Current |
| American Southern Insurance Company | Chairman | Current |
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