Velocity completes sales of VSIC to FM

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Reinsurance News - May 06, 2025

FM, a property mutual insurance company, has completed the previously announced acquisition of Velocity Specialty Insurance Company (VSIC) from Velocity HoldCo, LLC (Velocity), the former parent company of VSIC and Velocity Risk Underwriters, LLC (VRU). The transaction follows the earlier sale of VR...

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