West Virginia state agencies will have a new workers’ compensation insurer beginning next month.
Zurich Insurance Co. submitted the winning bid of $19 million for the one-year contract. Zurich will replace BrickStreet Mutual Insurance Co.
Acting Insurance Commissioner Michael Riley said that Zurich offered a better deal than BrickStreet.
BrickStreet had provided the coverage since 2005. BrickStreet spun off as a private company the following year, and competing insurers entered the market in 2010.
Zurich will take over on Oct. 1.
Topics Workers' Compensation Virginia
Was this article valuable?
Here are more articles you may enjoy.
India’s GIFT City Attracts Lloyd’s and Other Global Reinsurers, Sources Say 
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme 
Winter Storm Fern to Cause Up to $6.7B in Insured Losses 
Longtime Alabama Dentist Charged With Insurance Fraud in 2025 Office Explosion From This Issue
