A company that manages old workers’ compensation claims for West Virginia is laying off 62 employees after it lost the contract to another company.
Cambridge Integrated Services Group Inc. announced the layoffs Wednesday. The company says it will close its Charleston facility by Nov. 30. The layoffs are expected to be permanent.
The affected employees transferred from BrickStreet Mutual Insurance Co. last year when Brickstreet subcontracted the old claims to Cambridge.
Cambridge bid to keep the contract but the state Insurance Commission awarded the job to Sedgwick Claims Management Services Inc. in August.
Insurance Commissioner Jane Cline says some Cambridge employees have applied for jobs with Sedgwick.
Information from: The Charleston Gazette,
http://www.wvgazette.com
Topics Profit Loss Workers' Compensation Virginia West Virginia
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