BrickStreet Insurance News

West Virginia Bank Draws Attention in Workers’ Comp Probe

A federal investigation into a multi-million-dollar workers’ compensation scheme extended to the Bank of Mingo in southern West Virginia, where authorities seized computer hard drives and documents. FBI Special Agent James Lafferty said in a sworn statement he had “probable …

Ex-West Virginia Workers’ Comp Auditor Sentenced

A former workers’ compensation auditor has been sentenced to six years in federal prison for taking bribes in exchange for allowing coal company contractors to underreport their payroll. The Charleston Gazette reports Arville Sargent was sentenced Friday in federal court …

West Virginia University Initiative Cuts Workers’ Comp Costs

West Virginia University has reduced its workers’ compensation costs by about $600,000 and is looking for more ways to save money. WVU Office of Risk Management head Mike Ganso tells The Dominion Post that the effort includes training programs to …

Insurance Firm Donates $2.5M to West Virginia University

An insurance company has donated $2.5 million to West Virginia’s Marshall University to establish a research endowment. The university said Thursday that the gift form the BrickStreet Insurance Foundation Inc. is expected to be matched through the state’s “Bucks for …

BrickStreet Still Tops West Virginia Workers’ Comp Market

BrickStreet Insurance is still the dominant workers’ compensation insurer in West Virginia, despite competition from more than 200 other companies. The Legislature created BrickStreet in 2005 to replace what had been a state-run system. It spun off as a private …

BrickStreet Insurance Acquires PennCommonwealth

Workers’ compensation insurance provider Brickstreet Insurance has acquired a Pennsylvania company. Charleston-based Brickstreet announced its acquisition of Canonsburg, Pa.-based PennCommonwealth Casualty of America Corp. on Tuesday. Details of the deal weren’t released. The West Virginia Legislature created Bricksteet in 2005 …