Colorado Workers' Compensation Insurer, Pinnacol Assurance to Pay $15 Million to Policy Holders
Colorado Springs Business Journal › August 31, 2010
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Summary
State workers' compensation insurer, Pinnacol Assurance, will have to pay $15 million back to some of its policy holders and an $80,000 civil penalty under a settlement announced today with the Division of Insurance.
The division discovered some irregularities with the way Pinnacol was determining rates for workers' compensation claims. The company is a quasi-governmental agency that covers 50 percent of the market in the state.See the full content of this document
Extract
Colorado Workers' Compensation Insurer, Pinnacol Assurance to Pay $15 Million to Policy Holders
Under the agreement, Pinnacol will sto...
See the full content of this document
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