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State wants insurance company to cut severance

Colorado wants top executives at the state-chartered workers’ compensation insurance fund to waive big severance payments if the quasi-state agency is privatized. Gov. John Hickenlooper and Pinnacol Assurance are negotiating over a proposal to privatize the insurer. Past efforts to strike a deal have failed in disputes over the company’s value. The proposed deal calls… Continue Reading State wants insurance company to cut severance