Pinnacol Assurance: Newsroom

1-800-873-7242
CAREERS
EN ESPAÑOL

Separation Transaction »

2009 Community Involvement
Report »

Newsroom

Media Contacts For inquiries or deadline assistance, please call:
Suzi Stolte Pinnacol Assurance Associate Vice President, Communications and Public Relations 303 361.4777(office) 303.406.3795 (cell) or suzi.stolte@pinnacol.com	Shadia Lemus Peter Webb Public Relations Account Manager 303.796.8888 (office) or slemus@webbpr.com

2010 Legislation and Separation Coverage

Press Releases

Pinnacol's Place in Colorado Business

Pinnacol Assurance plays a crucial role in helping Colorado maintain an attractive business environment. We're the assured source of workers' compensation for Colorado and a major contributor to rate stability. During tough economic times, we're steadfast — never abandoning Colorado or workers' compensation like some of our competitors. We're also committed to being a good corporate citizen in this state we've called home for more than 90 years. Our employees volunteer thousands of hours in the community each year and, through the Pinnacol Foundation, we've awarded almost $1 million in college scholarships to the children of workers who've been seriously injured or killed on the job. Since 1915, we've grown from industry pioneer to Colorado's choice for workers' compensation. Pinnacol today serves more than 55,000 customers across the state of Colorado. Learn More:

Pinnacol at a Glance

We're proud of Pinnacol's heritage and our contributions to Colorado. At the same time, we're determined to remain an innovative, market leader for years to come. The following documents provide further insight into our past and present impact on the state.

Pinnacol's Financial Strength

Pinnacol is a stable, financially secure anchor in the Colorado marketplace. Through 90 years of Colorado's economic ups and downs, we've remained steadfast — never abandoning the state like some of our competitors. Now more than ever, our financial health is a comfort to the policyholders, agents, and injured employees who rely on us.

By running an efficient and entrepreneurial business, we've built a surplus that will sustain Pinnacol through the uncertain times ahead. And our policyholders have shared in our financial success. Since 2005, Pinnacol has returned $347 million in general dividends to the Colorado business community.

Because of our financial health, unmatched safety services, and risk-assessment expertise, Pinnacol has been able to reduce rates for the last four years, saving businesses over $160 million in premium.

Pinnacol Honors and Recognition

Since 2005, Pinnacol has been recognized locally and nationally for our culture and work environment, community involvement, and business operations. List of Company Honors and Recognition.

Pinnacol's Leadership

Pinnacol's vision is to become the best workers' compensation insurance company in the nation. To achieve this vision, our executive team brings its institutional knowledge and regularly looks outside our company and industry to glean best practices. We also benefit from the commitment and expertise of our board of directors, who represent a broad spectrum of Colorado businesses.

Pinnacol's Services

At Pinnacol, we're often told by customers that our employees are among the friendliest and most helpful of any business they deal with. That's reflected in our satisfaction levels, which are at an all-time high. In 2007, customers gave us an average rating of 9 on a 10-point-scale. We also retained more than 90 percent of our customers last year.

We offer Colorado businesses the following services:

Comprehensive, proactive safety programs and safety consultants
Superior underwriting and auditing services that may help lower your premium
Expert care of employees' work-related injuries through our SelectNet network of healthcare providers
Proactive claims management
Creative return-to-work programs for recovering employees
A special investigations unit dedicated to combating insurance fraud
In-house legal staff and outside experts who specialize in Colorado workers' comp law
Other states coverage for Colorado policyholders with operations outside of the state
Group short-term disability insurance
Extensive online services to help customers manage their policies and claims

Pinnacol's Performance

Pinnacol believes in transparency and accountability. We're also proud of our financial health and service to the community. You can assess our performance yourself by taking a moment to review our annual reports and community involvement reports.

Pinnacol's History

Pinnacol has a long history in Colorado. Since 1915, we've protected employers from unnecessary lawsuits and workers from workplace injury and financial difficulty.