New WV Mutual Will Be Nation's 15th Largest

West Virginia’s new mutual insurance company will be the 15th largest in the nation when it goes into business next year. The West Virginia Employers’ Mutual Insurance Co. also will be one of the state’s largest companies in terms of annual revenue, which will be more than $520 million next year. The company will be the sole source for workers’ compensation coverage for the state’s 42,000 employers until July 1, 2008, when private companies can begin competing for business in the state.