Newsroom
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Legislation Coverage
Press Releases
2010
Pinnacol’s Interactive Annual Report Improves Accessibility
Statement from Gary Johnson, President of Pinnacol Assurance Board of Directors
Statement: Channel 7 Investigative Report
Statement: Colorado Open Records Act Legal Action
Pinnacol Issues $47.5M in General Dividends to Businesses Statewide
Colorado PRSA Names Ken Ross Business Person of the Year
Pinnacol Assurance Hosts 9Health Fair
Pinnacol CEO Named Chairman of Big Brothers Big Sisters of Colorado
2009
Pinnacol Assurance Named One of the 50 Best Employers to Work for in America
Pinnacol Assurance Honored for Community Service by Global Organization
Two Members Join Pinnacol Assurance Board of Directors
Pinnacol Assurance Issues $120 Million in General Dividends to Colorado Businesses
Pinnacol Honored by Big Brothers Big Sisters of Colorado
Pinnacol Foundation Scholarship Applications Due March 31
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 approximately 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 nearly $400 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 2009, 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.
