West Virginia WC Doing Much Better
The insureds in West Virginia used to keep us busy questioning how their Workers Comp premiums had been calculated. We still have a few WV clients. Commissioner Cline and the West Virginia Insurance Commission are to be congratulated for their efforts.
As I said before, they had a tiger by the tail when the Workers Comp coverages were switched from the old State Fund to Brickstreet and then to the open market. A pure open market will always enable employers to receive the best quotes and services. Brickstreet has lost substantial market share. That was an expected development. This is no reflection on Brickstreet’s performance.

Brickstreet did retain coverage for a large percentage of the West Virginia state employees. This was by agreement when the carrier was founded in 2006.
The industries that we have still seen overcharges (as in other states) are the Oil and Gas Industry along with the Construction Industry. This is not a concern for only WV. We have seen this nationwide over the last few years.
Update – Bricstreet has become more of a regional carrier. They now write policies in many states outside of West Virginia.
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