Business Services Industry
Comp for miner deaths written by new insurer; Private company replaced state fund.(BrickStreet Mutual Insurance Co)
Business Insurance, January, 2006 by Fletcher, Meg
Byline: MEG FLETCHER TALLMANSVILLE, W. Va.-The owner of the West Virginia coal mine where twelve miners were killed last week is insured for its primary workers compensation exposure with a private insurer that assumed the business of the state's exclusive comp fund just a day before the accident.
On Jan. 1, Charleston, W.Va-based BrickStreet Mutual Insurance Co. took over International Coal Group Inc. and other employer clients of West Virginia's former exclusive state fund as part of a privatization effort. The state plans to have a multi-insurer marketplace for workers comp coverage by July 1, 2008. Early on Jan. 2, an explosion of undetermined origin at the Sago Mine in Tallmansville trapped miners for nearly two days, killing 12 of the men and...
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