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Velocity Risk Underwriters and WaterStreet Company Data Breach Lawsuit Investigation
Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in data breach cases, is investigating the Velocity Risk Underwriters, LLC and WaterStreet Company data breach.
If you were affected by the data breach, your sensitive personally identifiable information may have been exposed, and you may be eligible for compensation.
About Velocity Risk Underwriters, LLC
Velocity Risk Underwriters is a managing general underwriter based in Nashville, Tennessee. Founded in 2015, the company specializes in property catastrophe risk insurance, particularly for properties exposed to hurricanes, windstorms, earthquakes and other natural disasters.
Velocity Risk Underwriters serves commercial and residential clients, focusing on small to mid-market businesses, especially in Florida, Texas and the Southeast. Velocity Risk Underwriters has about 141 employees and reported annual revenue between $81 million and $116.8 million.
What happened?
On March 17, 2025, WaterStreet Company discovered suspicious activity in its systems. An investigation revealed that an unauthorized individual accessed certain WaterStreet data on that date. The affected systems contained information related to Velocity Risk Underwriters’ clients.
WaterStreet immediately shut down the affected systems and began a comprehensive investigation with cybersecurity experts. By June 26, 2025, WaterStreet provided Velocity Risk Underwriters with data files identifying impacted individuals and the types of information involved.
Information Types Exposed:
- Name
- Financial account information
- Social Security number
- Tax Identification Number
The number of affected individuals in the United States was reported as 41,270, with 19 in Maine and 37 in New Hampshire.
The company stated in a state AG disclosure that consumer notices are to be sent electronically, starting Aug. 6, 2025.
Your Rights and Next Steps
If you received a notice regarding this incident, your personal information may have been exposed. Even if you have not seen any signs of misuse, it is important to take action to protect yourself.
Here are steps you can take:
- Review any correspondence you received about the breach and follow all instructions
- Take advantage of the complimentary 12 months of credit monitoring services being offered
- Monitor your credit reports and financial accounts for suspicious activity
- Consider placing a fraud alert or credit freeze with the major credit bureaus (Equifax, Experian, TransUnion)
- Stay vigilant for signs of identity theft, such as unfamiliar accounts or charges
Lawyers are ready to help individuals affected by the Velocity Risk Underwriters and WaterStreet Company data breach. If you were impacted, you may have legal rights and options for pursuing compensation for any harm suffered as a result of the breach.
You May Be Entitled to Compensation
If your information was exposed in the Velocity Risk Underwriters and WaterStreet Company data breach, you may be eligible to join a class action lawsuit and seek compensation. Lawyers are actively investigating claims on behalf of those affected.
To find out if you qualify and to take the first step toward protecting your rights, complete the below form to join the lawsuit investigation.
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