Workers’ Comp Insurer BrickStreet Acquires PennCommonwealth

April 5, 2012

Workers’ compensation insurance provider BrickStreet Insurance has acquired a Pennsylvania workers’ compensation company.

Charleston, W.Va.-based BrickStreet announced its acquisition of Canonsburg, Penn.-based PennCommonwealth Casualty of America Corp. Details of the deal weren’t released.

The West Virginia Legislature created BrickStreet in 2005 to replace a state-run workers’ compensation system. BrickStreet spun off as private company the following year. It was West Virginia’s only private workers’ compensation carrier until 2010 when the market was opened to competitors.

Topics Mergers & Acquisitions Carriers Workers' Compensation

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Latest Comments

  • April 6, 2012 at 9:54 am
    tagteam says:
    Obviously they are only 8 years old, and don't know what they are doing. You ought to see what these clowns are doing in Illinois.
  • April 6, 2012 at 9:23 am
    wvagt says:
    Actually the WV comp market opened July 1 of 2008.

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