House Speaker Julie Mccluskie
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Proposal outlines $300M deal separating Pinnacol from Colorado state government
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Colorado lawmakers are weighing a proposal that would allow Pinnacol Assurance to sever its remaining ties to the state in exchange for a $300 million payment, a long‑debated shift that supporters say could stabilize the insurer’s future and help plug a looming budget shortfall. A draft of the bill obtained by Colorado Politics spells out…
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Pinnacol separation bill delayed as Colorado budget remains in flux due to $1.5B deficit
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A bill that would allow Pinnacol Assurance to formally sever its remaining ties with the state appears unlikely to emerge anytime soon, as House leaders juggle a massive budget shortfall, unresolved negotiations with key stakeholders, and growing doubts about whether the insurer’s proposed $400 million payment could be counted on to help balance next year’s…
