Monthly Archives: May, 2025

Velocity Announces Strategic Sale of Velocity Specialty Insurance Company; Oaktree to Fully Exit — TradingView News

Nashville, TN, May 05, 2025 (GLOBE NEWSWIRE) — Velocity HoldCo, LLC (“Velocity” or the “Company”), the former parent company for Velocity Specialty Insurance Company (“VSIC”) and Velocity Risk Underwriters, LLC (“VRU”), announced the sale of VSIC to...

Minnesota Bill Would Create Auto Insurance Program for Low-Income Residents

Minnesota lawmakers have introduced a bill that would establish a low-cost auto insurance program for low-income residents. HF 2215 would establish the Minnesota Lifeline Insurance Program, a state-sponsored, alternative auto insurance...

Clarity Provided For Bermuda’s Segregated Account General Business Insurers – Reinsurance

To print this article, all you need is to be registered or login on Mondaq.com. The Bermuda Monetary Authority (the "Authority") has issued a...

Maryland Takes Action Against Erie Insurance Over Bias Claims

Maryland’s insurance regulator has announced actions to settle a long-running dispute with Erie Insurance Group over a report on the insurer’s practices involving some urban agents and their insureds. The Maryland...

Auto insurance experts share importance of safe driving through construction zones

LEXINGTON, Ky. (WKYT) - As the weather continues to level out, we may see more construction taking place throughout our communities.With many of those construction sites set up along busy roadways, insurance experts are reminding everyone of the...
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