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
Was this article valuable?
Here are more articles you may enjoy.
CRC Group Signs Agreement to Acquire Euclid Transactional
Disney Worker Injured Trying to Stop Runaway Boulder at Indiana Jones Show
Abundant Reinsurance Capacity Accelerates Market Softening During 1/1 Renewals
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization 

