West Virginia Privatization

December 23, 2007

The move to privatize the state’s workers’ compensation fund and rebrand it as BrickStreet Mutual has received mostly positive reviews, even from injured workers and their attorneys. The next phase in the privatization plan is supposed to come on July 1, when other insurers can enter the market. West Virginia officials have been working to get more private insurers interested in competing with BrickStreet. But they could be scare away by lawmakers wanting to enhance public oversight.