Pinnacol Issues $15M Dividend to 58K Colorado Employers

Colorado’s largest workers’ compensation carrier, Pinnacol Assurance, issued a general dividend of $15 million to 58,000 employers in the state.

This marks the organization’s eighth straight year of issuing dividends and a total of $385 million returned to Colorado employers.

Pinnacol Assurance operates as a mutual insurer, which makes customers eligible for an annual dividend based on Pinnacol’s financial performance. Dividends are also made possible by timely claims reporting and investments in safety education, technology and equipment.

Related:

• Pinnacol Distributes $50M in Dividends to 51K Colorado Companies
• New Chief at Pinnacol in Colorado Plans to Transform Hundred-Year-old Carrier to Deal with Changing Workforce
• Pinnacol in Colorado to Decrease Workers’ Comp Rates in 2022

Topics Commercial Lines Business Insurance