BrickStreet Acquires Workers' Comp Block of HM, Continues Explosive Growth

BrickStreet Mutual Insurance Co. overcame one of West Virginia’s worst disasters in 2006 and in the decade since has evolved from the state’s first private workers’ compensation carrier to a regional player with a footprint in 12 states and the District of Columbia. BrickStreet on Monday announced more growth, saying it had acquired the workers’ compensation block of business from Pittsburgh-based HM Insurance Group, a subsidiary of Highmark Co. Chief Executive Officer Greg Burton would not discuss the purchase price, but said the acquisition is worth $120 million in ...