Pinnacol Issues $50M in Dividends to Colorado Employers

Pinnacol Assurance is distributing $50 million in workers’ compensation dividend checks this month to its policyholders.

Nearly 53,000 employers throughout the state will receive a dividend. Check amounts are calculated based on the policyholder’s premium size and performance. The average 2018 dividend check will be $944, and will be sent to employers in late March.

Pinnacol policyholders have earned a dividend 10 times since 2005. Pinnacol has now returned nearly $606 million in total general dividends to Colorado businesses.

Pinnacol provides workers’ comp insurance to 57,000 employers.