Colorado's state-chartered workers’ compensation insurer Pinnacol Assurance is distributing $70 million in general dividend checks to its customers.
More than 52,000 employers throughout the state — about 94% of the company’s customers — will receive a dividend, the company announced on Monday. Check amounts are based on the customer’s premium size and workplace safety.
The average 2019 dividend check will be $1,328 and will be sent in late March. This is the fourth year in a row that Pinnacol has issued general dividend checks.
Pinnacol also recently lower...
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