Fifty million in dividend checks arrive this month
Something good is coming to most of our customers’ mailboxes at the end of March. For the third year in a row, Pinnacol is distributing general dividend checks to employers in every county in the state.
With a $50 million dividend, the average check per policyholder is $944, slightly up from 2017. More than 94 percent of Pinnacol policyholders qualify for a check based on their commitment to the safety and wellbeing of their employees. That’s nearly 53,000 Colorado employers.
“Pinnacol is in a position to provide these dividends because of our careful stewardship of our customers’ premium dollars, as well as our customers’ commitment to their employees’ health and safety,” said Phil Kalin, Pinnacol president and CEO. “Pumping $50 million back to our customers will help them invest in the people, processes and technology to keep up in Colorado’s fast-moving economy.”
For more information, visit the General Dividend page.