Report: State to Get Nothing in Latest Pinnacol Proposal

Colorado lawmakers are exploring new ways to allow Pinnacol Assurance to sell insurance in other states without severing ties with its home state, according to a report by Colorado Politics. Though a ballot initiative and prior legislative proposals involved privatizing the carrier, the latest pitch would just restructure it as a different type of quasi-state agency that's not constrained to writing workers' compensation policies in Colorado. Pinnacol would be treated as a mutual insurance company, according to Colorado Politics.  But the carrier would be classified as a s...