AMER SAFETY INS (ASI) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of AMER SAFETY INS (ASI) from NEUTRAL to OUTPERFORM on May 17, 2013, with a target price of $26.40.

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.

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