Archive | Pinnacol

A Test Of Wills: Ken Ross v. John Hickenlooper?

A governor leans on a board to fire a nonprofit CEO. It wasn’t Ken Ross — but could it be?

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Pinnacol Teaching French Cooking To 100 Of Its Employees

Even while Pinnacol Assurance is being criticized for its lavish spending habits and lawmakers are calling for its leaders to resign, the insurance carrier continues to send its employees to an expensive French culinary school in Denver, 9Wants to Know has learned.

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Workers Comp Authority Spent $319K On Trip To Luxury Resort

Travel records show Pinnacol Assurance board members, executives, employees and spouses spent $318,717 golfing, dining, getting massages, drinking, taking wine tours during a trip at a luxury resort last year on the firm’s dime, 9News reports.

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HB10-1012: Rep. Pace’s Surveillance Bill Killed

A bill that would have placed limits on the ability of insurers to spy on workers’ compensation claimants died Wednesday in committee.

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HB10-1356: Pinnacol Assurance Reserve Cap, Dividend Rule Rejected

Pinnacol Assurance, under intense scrutiny in the Colorado Legislature for the past year, caught its first break in a while Tuesday when a state House committee rejected a bill that would have capped the workers’-compensation insurer’s reserves and required it to pay excess revenues back to policyholders as dividend.

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Colorado Senate Panel Advances 5 Pinnacol Bills; Surveillance Measure Stalls

A quintet of bills aimed at making Colorado workers’-compensation insurer Pinnacol Assurance more accountable to the state and the public rolled on in the Legislature late Wednesday.

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Pinnacol Assurance Deal Comes Off Colorado’s Table

The proposal to give Pinnacol Assurance nearly full autonomy in exchange for potentially hundreds of millions of dollars to the state will not happen this year.

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Pinnacol Offers State $130 Million More to Privatize

Pinnacol Assurance, the state-chartered workers’ compensation insurance fund that wants to be privatized, said Thursday it’s willing to offer the state more money — $130 million more — to do that.

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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.

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Pinnacol Worth As Much as $374 Million to Colorado

Pinnacol Assurance is worth as much as $374 million to the state, an analysis by financial services firm Morgan Stanley shows.

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