Pinnacol Issues $15 Million Dividend

Colorado’s Pinnacol Assurance on Wednesday issued a $15 million dividend to policyholders. Businesses that had a policy with an expiration date between June 2, 2022, and June 1, 2023, are current on payments and had a loss ratio of better than 71.3% are eligible for the return. Pinnacol said businesses can expect to receive checks starting today. The carrier said its financial performance and policyholders’ commitment to safety made possible the ninth consecutive dividend. “This year’s general dividend underscores Pinnacol’s partnership with Colorado&rsqu...