Three Springs firms win insurance award

181626976Three Colorado Springs firms were given Pinnacol Assurance’s Circle of Safety Award.

Copestone General Contractors, MechOne Inc. and Pikes Peak Steel LLC won the award this year. Copestone and MechOne are multiple-year winners.

Pinnacol Assurance is Colorado’s leading workers’ compensation insurer. The award recognizes companies for their performance in safety, loss control, and financial and claims management.

“Everyone in these organizations made a commitment to workplace safety, from leadership to front-line employees,” said Pinnacol Safety Director Jim McMillen. “By implementing a safety program and actively encouraging safe behaviors, they help ensure the success of their business and employees in a safe environment.”

Pinnacol policyholders were eligible to receive the Circle of Safety Award if they met the following criteria: Pinnacol policyholder for at least four years; .85 or less experience modification rating each policy period; combined four-year loss ratio of 25 percent or less; 80 percent or more of all claims reported within 48 hours (combined four-year history); designated providers each year; two or less notices of cancellation each year; no non-compliant audits; must currently hold Colorado’s cost containment certification; no fatalities; and approved return-to-work program.