Pinnacol Assurance is distributing $50 million in workers’ compensation dividend checks this month to its policyholders.
Nearly 53,000 employers throughout the state will receive a dividend. Check amounts are calculated based on the policyholder’s premium size and performance. The average 2018 dividend check will be $944, and will be sent to employers in late March.
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.
Was this article valuable?
Here are more articles you may enjoy.
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry 
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 
Big Food Readies New Strategy Against RFK Jr. Push in States 
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual 
