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Gov. to consider Pinnacol restructuring

A task force will examine the options to restructure Pinnacol Assurance, the state’s workers’ compensation insurance provider. Gov. John Hickenlooper asked the agency to provide options for the future, and the company suggested becoming a private company. Under current law, it is a quasi-public organization with oversight by the legislature. “One of our chief concerns… Continue Reading Gov. to consider Pinnacol restructuring

The National Federation of Independent Business is expanding its discounted workers’ compensation coverage benefits to Colorado. The latest expansion means that NFIB insurance through Employers is now available in 27 states. Maryland, Mississippi, Oklahoma, Pennsylvania, Kansas, Arkansas and New Mexico were also added. Qualifying NFIB members are eligible to receive a 5 percent discount on… Continue Reading NFIB workers comp insurance now available in Colo.

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The embattled state-owned workers’ compensation insurer of last-resort has withdrawn as the administrator of state employees’ claims, forcing Colorado to hire an independent contractor. One year remained on Pinnacol’s contract as an administrator of state employees’ workers’ compensation claims when it terminated its services and forced Colorado to put the services out to bid. State… Continue Reading Pinnacol withdraws as workers comp administrator

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The General Assembly is considering a bill that will remove the tax-exempt status of Pinnacol Assurance, the state’s quasi-governmental workers’ compensation insurance fund. The Joint Committee, which decides all budget issues for the legislature, unanimously approved the idea as part of its budget recommendations to Gov. John Hickenlooper. The move follows reports that detail lavish… Continue Reading Legislature to consider cutting Pinnacol’s tax exempt status

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