Atlanta Insurer Increases Environmental Surety Bond Limits

Atlanta-based American Safety Insurance Services Inc. 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 with a focus on the environmental services sector.

Eligible classes of business include asbestos and lead abatement contractors, environmental contractors, engineers and consultants, site remediation contractors, under and above ground storage tank contractors (installation or removal), hazardous waste transporters, demolition contractors, landfill contractors, mold remediation and Brownfield and superfund clean-up.

Source: American Safety Casualty Insurance Co.