Pinnacol Issues $50M in Dividends to Colorado Employers

Pinnacol Assurance is distributing $50 million in workers’ compensation dividend checks to its policyholders.

Nearly 53,000 employers throughout Colorado were to receive a dividend starting in late March. Check amounts are calculated based on the policyholder’s premium size and performance. The average 2018 dividend check will be $944.

Pinnacol policyholders have earned a dividend 10 times since 2005.

Pinnacol has now returned nearly $606 million in total general dividends to Colorado businesses.

Pinnacol provides workers’ comp insurance to 57,000 employers.

Topics Commercial Lines Business Insurance