American Safety Insurance Group, Ltd. Reports Its President has Undergone Successful Heart Bypass Surgery; Expected to Return to Work in 4 to 6 Weeks

American Safety Insurance Group, Ltd. reported Tuesday that its President, Lloyd A. Fox, underwent successful heart bypass surgery last Thursday and is expected to return to work in four to six weeks. The need for surgery was discovered during a routine physical exam and was not the result of a heart attack. As a result, there was no heart damage and a full recovery is expected. In the interim, his duties will be handled by other members of senior management. Mr. Fox expects to be able to consult daily with senior management during his recovery period.

American Safety Insurance Group, Ltd. is a specialty insurance holding company which, through its subsidiaries, develops, underwrites, manages and markets primary casualty insurance and reinsurance programs in the alternative insurance market for environmental remediation risks, employee leasing and staffing industry risks, and other specialty risks. The Company develops specialty insurance coverages and custom-designed risk management programs not generally available in the standard insurance market.