Businesses in Colorado covered by the state-chartered Pinnacol Assurance should soon receive their share of the $50 million dividend that the carriers’ board of directors approved last year.
Pinnacol said in a statement that 94% of its policyholders, or nearly 53,000 employers, qualify for the dividend. The average check per policyholder is $944.
Employers with policies that expired between June 2, 2016, and June 1, 2017, are eligible for the dividend. Polices must be in good standing, and in most cases, the underwriting program or policy must have a loss ratio better than 71.3%, the carrier said.
The carrier said it plans to mail dividend checks on March 27.
Oct 18, 2018
Overview: Settling work comp claims calls for a tricky balance. Payers want to limit the amount o …
Oct 25-26, 2018
PartnerSource is proud to host one of the largest risk management events in the Southwest U.S. eac …
Oct 26, 2018
Our 2018 Fall Educational Conference will be held on Friday, October 26, 2018 at the Walnut Creek …