Forbes Advisor names Pinnacol Assurance a Best Workers’ Compensation Carrier for third consecutive year, reflecting industry-leading coverage for businesses

Pinnacol delivers nation’s best claims handling, reliability and support for employers and workers

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DENVER, CO – May 22, 2025 – Pinnacol Assurance, Colorado's leading workers' compensation insurance provider, has been recognized by Forbes Advisor for the third consecutive year as one of the nation's top workers' compensation providers. According to an analysis of 25 large insurers, Pinnacol achieved a perfect five-out-of-five-star rating for the third year in a row, and is the only Colorado-based provider on the list. 

Forbes Advisor’s rigorous evaluation is based on financial strength, customer satisfaction, claims processing efficiency and ease of use. All ratings are solely determined by the editorial team, reaffirming Pinnacol’s industry-leading service and performance that ensures workers receive protection from a proven leader in the industry.

“For almost a decade, Pinnacol has maintained the highest performance satisfaction in its over-100-year history from both our member-policyholders and the injured workers we serve,” said John O'Donnell, President and CEO of Pinnacol Assurance. “This recognition from Forbes further highlights the superior claims handling, supportive customer experience and exceptional reliability that ensures customers receive top-rated, caring coverage they can rely upon.”

Affirming its financial stability, Pinnacol Assurance holds an "A-" (Excellent) rating from AM Best and is ranked among the top 2% of property and casualty carriers by Ward's 50 P&C Top Performers. Pinnacol has received numerous additional accolades, including being named #3 Top Workplace in Colorado, Insurance Company of the Year nationally, and earned recognition from the U.S. Chamber of Commerce’s Citizens Award for its civic leadership.

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About Pinnacol

Pinnacol Assurance is a top-performing provider of workers’ compensation insurance. We offer top-rated injured worker care, customized safety solutions, and a comprehensive return to work program that helps our members reduce risk and save costs. You can see our investment in the community through our nationally recognized apprenticeship program and Pinnacol Foundation scholarship program. Pinnacol’s team members, culture of caring, and top-rated services have received numerous awards, affirming our commitment to the people and communities we serve. Learn more at Pinnacol.com.