Government & Politics  May 22, 2009

Pinnacol Assurance assets to go under review

Ken Ross, CEO of Pinnacol Assurance, says he’s looking forward to an audit and review of the state’s workers’ compensation insurance provider this summer under Senate Bill 281, passed in the final days of the 2009 Colorado legislative session.

The bill, sponsored by Sen. Brandon Shaffer, D-Longmont, creates a 16-member “interim committee” to decide what status Pinnacol should have and whether its assets should be fair game when the state is in economic crisis.

“From Day 1 we’ve told anyone who would listen, if you want to audit us, fine,” Ross said. “If you want to study us, fine. But just…

Sign up for BizWest Daily Alerts