FM-owned Velocity Specialty’s FSR gets AM Best upgrade to A
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FM-owned Velocity Specialty’s FSR gets AM Best upgrade to A

The company’s credit ratings had been under review since early this year.

By Kyoung-son Song
May 29, 2025
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AM Best has upgraded the credit ratings of FM-owned Velocity Specialty Insurance Company (VSIC) to a financial strength rating of A and long-term issuer credit rating of a, upon the closing of its merger with FM Group.

Previously,

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Topics

News Regulation FM Commercial lines Specialty lines Commercial E&S Insurers North America
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