3 Insurers Bid for West Virginia’s Workers’ Compensation Business

August 15, 2011

Three companies are vying to provide workers’ compensation coverage for state agencies.

Acting Insurance Commissioner Michael Riley said that that BrickStreet Mutual Insurance Co., Chartis, and Zurich Insurance Co. submitted bids by last Wednesday’s deadline.

Riley says the contract is expected to be awarded later this month.

Brickstreet currently provides the coverage. The new contract will begin Oct. 1.

BrickStreet had said earlier this year that it wasn’t interested in continuing the coverage. The state then began seeking bids from other insurers.

After reviewing the state’s request for proposals, BrickStreet decided to bid to continue the coverage.

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