Two companies are suing West Virginia’s workers’ compensation writer BrickStreet Mutual Insurance Co. over agent commissions.
Aero-Fab Inc. and The Bunch Co. allege that Brickstreet is billing companies for the commissions as part of their premiums, even if they don’t have agents. The companies want BrickStreet to refund the payments. Their lawyers are seeking class-action status for the lawsuit.
BrickStreet denies the allegations and says it is following regulations established by the state insurance commissioner. BrickStreet has the exclusive right to provide workers’ compensation until next July. After that, companies can seek coverage from other insurers.
Was this article valuable?
Here are more articles you may enjoy.
US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success
Berry Producer Driscoll’s Sued Over Alleged Greenwashing, Use of Forever Chemicals
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal
NYC Says Source of Legionnaires’ Disease Has Been Eliminated 


