CHARLESTON, W.Va. (AP) — The company created by West Virginia to provide workers' compensation insurance no longer wants to cover state agencies, prompting lawmakers to consider alternative policy options.
The Senate Finance Committee learned this week of the possible change by BrickStreet Mutual Insurance Co. The Legislature set up BrickStreet in 2005 to replace what had been a state-run system. It spun off as a private company the following year, and competing insurers entered that market in 2010.
Committee members quizzed BrickStreet chief executive Greg Burton before endorsing a bill Tuesday that would allow the state insurance commissioner to help agencies obtain coverage from other private insurers.
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