Categorized | Featured Stories, Pinnacol

Pinnacol Spinoff Grows Less Likely

With the legislative session halfway over, leaders from both parties are saying it’s less likely lawmakers will consider a proposal to spin off Pinnacol Assurance, the state-chartered workers’ compensation fund, The Denver Post reports. Analysts from Morgan Stanley said in a report released Monday that a deal to “separate” Pinnacol from the state could fetch up to $374 million for the state, including an upfront payment of up to $264 million.

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