Pinnacol Assurance News

Pinnacol Assurance Giving $15M Dividend to Colorado Businesses

Pinnacol Assurance announced its 2025 general dividend will return roughly $15 million to more than 47,000 workers’ compensation insurance policyholders across Colorado. Th dividend marks the 10th consecutive year Pinnacol has returned dividends to Colorado businesses. The 2025 dividend, which …

Colorado Governor Wants to Privatize State’s Workers’ Comp Carrier

Colorado Gov. Jared Polis wants to spin off the state’s stake in Pinnacol Assurance, privatizing the workers’ compensation carrier of last resort to help it make more money and plug government budget holes. The big idea is that pulling up …

EverPeak Insurance Launches in Arizona

EverPeak Insurance is launching operations in Arizona. EverPeak specializes in workers’ compensation coverage for small businesses and those in hard-to-place industries. EverPeak workers’ comp insurance is written on Attune, which has more than 400 class codes that enable agents to …

Pinnacol in Colorado Issues $15M Dividend to Businesses

Pinnacol Assurance issued $15 million general dividend to businesses throughout Colorado. This is the ninth straight year Pinacol has issued dividends to customers. Pinnacol Assurance operates similarly to a mutual insurer, treating customers as its owners, which makes them eligible …

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. …

People Moves: Risk Strategies Makes Roth Senior Vice President in Colorado; Dietrich Named to Pinnacol Board

Risk Strategies named Patrick Roth senior vice president, growth leader for the Central and West regions. Roth is located in Colorado. He will be responsible for developing a sales culture, managing all levels of producers, driving organic growth strategies, and …

Workers’ Comp Claims from 10 Years of Legal Cannabis in Colorado Reveal a Boring Trend

Data on injured workers from the nation’s most mature adult-use cannabis market is pretty boring. No excessive claims resulting from injuries suffered by stoned forklift drivers, high cultivators, or even dispensary workers who were hurt during a robbery. How about …

Pinnacol Distributes $50M in Dividends to 51K Colorado Companies

Pinnacol Assurance is distributing general dividend checks to its customers totaling $50 million. Pinnacol has also lowered premium rates by an average of 11%. This is the seventh consecutive year of general dividend distributions. Nearly 95% of Pinnacol’s policyholders are …

New Chief at Pinnacol in Colorado Plans to Transform Hundred-Year-Old Carrier to Deal with Changing Workforce

John O’Donnell picked an interesting time to change jobs. The way the world works is radically changing, and just as the pandemic – apparently – wanes, he’s taking the helm of a large workers’ compensation provider. The biggest challenge he …

People Moves: Pinnacol Names O’Donnell President and CEO; Altman Becomes CEO of Covered California

Pinnacol Assurance named John O’Donnell president and CEO. He will join the company Feb. 28. O’Donnell will succeed Phil Kalin, who is retiring on March 31. O’Donnell has 30 years of leadership experience. He most recently was an executive vice …