Brickstreet Mutual News

Motorists Insurance, BrickStreet Mutual Rebrand Together as Encova Mutual

Motorists Insurance Group and BrickStreet Mutual Insurance Co. are now Encova Mutual Insurance Group following the announcement of the new brand name and identity for their joint venture. Columbus, Ohio-based property/casualty insurer Motorists and Charleston, West Virginia-based workers’ compensation insurer …

Motorists Mutual, BrickStreet Mutual Finalize Joint Venture

Ohio-based property/casualty insurer Motorists Mutual Insurance Co. and West Virginia-based workers’ compensation insurer BrickStreet Mutual Insurance Co. Inc., have been granted regulatory approvals to affiliate through a joint venture. This affiliation has created a new super regional carrier ranked in …

BrickStreet Mutual, Motorists Mutual Pursue Joint Venture

BrickStreet Mutual Insurance and Motorists Mutual Insurance Co. announced they have begun to formalize an affiliation agreement between the two companies. If approved by state regulators and closed as anticipated in July 2017, the affiliation will include more than 1,600 …

BrickStreet Buys Workers Compensation Business from Pennsylvania’s HM Insurance

BrickStreet Mutual Insurance said it finalized an agreement to acquire the workers’ compensation block of business from Pittsburgh-based HM Insurance Group (HM), a Highmark company. The purchase involves workers’ compensation policies and accounts for approximately $120 million in premium, according …

West Virginia Coal Contractor Charged in Workers’ Comp Scheme

A southern West Virginia coal company contractor has been charged with conspiring to defraud the federal government. Aracoma Contracting LLC of Williamson is accused of structuring cash withdrawals in increments of $10,000 or less from its accounts at the Bank …

West Virginia High Court Caseload Drop Tied to Workers’ Comp Reform

The number of filings in the state Supreme Court reached its lowest level in more than 25 years in 2012, according to a report presented to West Virginia lawmakers. The report by court clerk Rory Perry says there were 1,524 …

BrickStreet Auditor, 4 Others Charged with Workers’ Comp Fraud

A U.S. attorney has charged five men including an insurance company auditor with engaging in a fraudulent scheme that included bribery and the under-reporting of payroll by certain employers and cost West Virginia’s largest workers’ compensation insurer millions of dollars. …

Brickstreet Mutual Donates $2.5M to Marshall University

An insurance company has donated $2.5 million to Marshall University to establish a research endowment. The university said that the gift form the BrickStreet Insurance Foundation Inc. is expected to be matched through the state’s “Bucks for Brains” West Virginia …

West Virginia Reports State Agencies’ Workers’ Compensation Data

State figures show the West Virginia Department of Military Affairs and Public Safety had the worst workers’ compensation record among state agencies over the past five years. The department had $10.8 million in claims and paid premiums totaling $18.4 million. …

West Virginia Seeks Bids on Workers’ Compensation for State Agencies

West Virginia is prepared to solicit bids from workers’ compensation insurers to provide coverage for its state employees. The West Virginia insurance department is scheduled to post the request for proposals on its website on Monday, May 23. The winning …