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American Safety Insurance Holdings, Ltd. Board Approves Stock Repurchase
Stephen R. Crim, President and Chief Executive Officer, said, "Given our current stock price, we believe that investing in American Safety Insurance's common shares represents an attractive use of the Company's capital."
American Safety Insurance Holdings, Ltd. is a specialty insurance holding company which, through its subsidiaries, provides innovative insurance solutions in the alternative insurance market for environmental remediation, contracting and other specialty risks. Additional information about ASI can be found at "http://www.americansafetyinsurance.com".
This press release contains forward-looking statements. These forward-looking statements reflect the Company's current views with respect to future events and financial performance. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially, and are subject to change based on various factors. For additional factors, which could influence the results of the Company's operating and financial performance, see the Company's filings with the Securities and Exchange Commission.
Contacts:
American Safety Insurance Services, Inc. Cameron Associates
Fred J. Pinckney Kevin McGrath
Investor Relations/General Counsel (212) 245-4577
(770) 916-1908