West Virginia News

2 More West Virginia Families Reach Sago Mine Settlements

Court records show that families of two more workers who died in the Sago Mine disaster have settled their lawsuits with the mine’s operator. Details of the settlement with International Coal Group were not made public in Kanawha Circuit Court …

BrickStreet Writes Outside West Virginia; Drops Worst In-State Accounts

BrickStreet Mutual Insurance has written its first out-of-state policy. The policy, which went into effect Jan. 1, covers the employees of a West Virginia-based pipeline company working in the Commonwealth of Virginia. BrickStreet, the leading provider of workers’ compensation coverage …

Louisiana Ranks Highly in Highway Safety Report

A report recently released by the Washington, D.C.-based Advocates for Highway and Auto Safety included Louisiana in list of 15 states to have made progress in enacting key highway safety laws. Arkansas, Oklahoma and Texas did not fare so well. …

West Virginia Mutual Insurance Pays Off $24 Million State Loan

West Virginia Mutual Insurance Co. (WVMIC), formerly known as the West Virginia Physician’s Mutual Insurance Co., has paid off the $24 million surplus loan it received in 2004 from the State of West Virginia. WVMIC received a $24 million start-up …

MSO Makes BOP Available in New England

The Mutual Service Office Inc. (MSO) has made its Businessowners program available in New Hampshire and Vermont. This marks the first time Glen Rock, New Jersey-based MSO has offered a product in either state. Designed for main street type businesses, …

West Virginia Insurer BrickStreet Mutual Elects Flaherty Chairman

BrickStreet Mutual Insurance Co.’s board of directors has elected Charleston attorney Thomas V. Flaherty to serve as its new chairman. In addition, BrickStreet Senior Vice President and General Counsel Thomas J. “T.J.” Obrokta Jr. was named to the board in …

La. Ranks High For Safe Driving Laws, Other S.C. States, not so Much

A new report finds Louisiana is among 15 states to have made progress in enacting key highway safety laws. Arkansas, Oklahoma and Texas did not fare so well. The 55-page study was done by Advocates for Highway and Auto Safety, …

Brickstreet Writes First Workers Comp Policy Outside West Virginia

BrickStreet Mutual Insurance has written its first out-of-state policy. The policy, which went into effect Jan. 1, covers the employees of a West Virginia-based pipeline company working in the Commonwealth of Virginia. BrickStreet, the leading provider of workers’ compensation coverage …

Business Moves

Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Euclid Insurance, Illinois American Insurance Agency Euclid Insurance Services Inc., has acquired …

It Figures

1,000 The number of losing policies that West Virginia workers’ compensation writer BrickStreet Insurance plans to drop in 2009. The insurer calls these contracts the worst of the worst as they brought in $66 million in claims against only about …