Pinnacol Assurance Announces 2010 Circle of Safety Awards Winners

Fifty Policyholders Honored For Exemplary Risk Management Records


DENVER, Sept. 20, 2010 – Pinnacol Assurance, Colorado’s leading workers’ compensation insurer, announced today the recipients of the company’s third annual Circle of Safety Awards. This year a total of fifty policyholders from across the state were recognized for their exceptional performance in safety, loss prevention, financial and claims management.

“These organizations represent diverse industries and geographic locations,” said Ken Ross, Pinnacol president and CEO. “But the common denominator among all the honorees is their long-term commitment to each area of risk management. Not only are the nine criteria for the Circle of Safety Awards extremely difficult to meet, but the recipients must also maintain a high level of performance over a four-year period. These fifty policyholders and their employees deserve to be commended for their outstanding achievements, and we are pleased to acknowledge them with this prestigious award.”

The Circle of Safety Award recognizes the “circle” of people required to excel in risk management. From top management and frontline employees to Pinnacol representatives and the policyholders’ agents, everyone has a hand in making Colorado workplaces safer.

Pinnacol policyholders were eligible to receive the Circle of Safety Award if they met the following criteria:

  • .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 the State of Colorado’s Cost Containment Certification
  • No fatalities
  • Approved return-to-work program

Of the 2010 honorees, 15 have received the Circle of Safety recognition for three years in a row. Another 20 are new to the list, indicating how businesses are raising the bar in workplace safety.

Circle of Safety 2010 Award Winners
Advantage Sign Company/Goliath, Inc *
Agland, Incorporated *
Alpha Center ***
Araps Old Gun Shop ***
Aspen Construction Enterprises, Inc. *
Baessler Construction Co, Inc. dba Baessler Homes *
Barone Inc. *
Bee Bee Que Speedy Foods **
Blythe Group & Co *
C5 Medical Werks *
Calcon Constructors, Inc. **
Colling Insurance Services, Inc. ***
Colorado Insurance Professionals **
Colorado Livestock Association **
Complete Compliance Services, Inc. **
Composite Technology Development, Inc. *
Cunningham Fire Protection District ***
Diversified Commercial Insurers **
Double R Excavating Inc. ***
Dyer Construction Co. ***
E.T. Technologies, Inc. *
Earl McFarland Insurance Agency **
Emerald C.M. Inc **
Englewood Municipal Federal Credit Union **
Ewing Trucking & Construction, LLC **
Gregory Electric Inc ***
Health Care Staffing of Colorado, LLC *
Hellman & Associates, Inc. *
Holmquist-Lorenz Construction Company *
Human Resources Plus *
Iron and Metals, Inc. **
MechOne, Inc. ***
Mt Garfield Federal Credit Union ***
New Castle Family Health *
Peak Petroleum Testing Services, Inc. **
Premier Fire Protection, Inc. ***
Rich & Cartmill Insurance of Colorado, LLC ***
Rocky Mountain College of Art + Design **
Ryan & Company Inc *
Sage Telecommunications Corp *
Save Our Youth ***
Scheiner Commercial Group, Inc. *
Scudder Press, Inc. ***
Structures Unlimited Inc. *
Sturman Industries ***
The Eatery *
The Landscape Workshop, Inc. **
Tower Management Co. *
Twin Lakes Landscape Management, Inc. ***
Walrath Heating and Air Conditioning *

* First-year recipient
** Second-year recipient
*** Third-year recipient

About Pinnacol Assurance
Pinnacol Assurance is Colorado’s leading provider of workers’ compensation insurance. Pinnacol provides comprehensive, competitively priced coverage; immediate attention to claims; a highly qualified network of medical providers; and proactive safety programs to approximately 55,000 Colorado businesses. Over the past six years, Pinnacol has returned nearly $394 million in general dividends to its policyholders statewide ― a mark of the company’s stable and strong financial health.

Contact:
Suzi Stolte
Associate Vice President, Communications and Public Relations
303.361.4777
suzi.stolte@pinnacol.com