Zurich Wins West Virginia Workers’ Comp Contract

West Virginia state agencies will have a new workers’ compensation insurer beginning next month.

Zurich Insurance Co. submitted the winning bid of $19 million for the one-year contract. Zurich will replace BrickStreet Mutual Insurance Co.

Acting Insurance Commissioner Michael Riley said that Zurich offered a better deal than BrickStreet.

BrickStreet had provided the coverage since 2005. BrickStreet spun off as a private company the following year, and competing insurers entered the market in 2010.

Zurich will take over on Oct. 1.