pinnacol assurance
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Pinnacol privatization plan gets cool reception from Colorado legislators
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Should Colorado allow Pinnacol Assurance, the quasi-governmental workers’ compensation company, to go private? The proposal, expected to be on the agenda for the 2026 state legislative session, got its first review on Wednesday from a mostly skeptical Joint Budget Committee. But the proposal did get a thumbs-up – or at least “it makes sense,” according…
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PERA to Pinnacol: $302 million, please
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The Public Employees’ Retirement Association has come up with a number for Pinnacol Assurance, the state’s largest workers’ compensation insurer of last resort, to buy out its employees and retirees’ share of PERA’s pension. Pinnacol, with the support of Gov. Jared Polis, is hoping to privatize, a deal that would bring $400 million into state…
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Gov. Jared Polis’ plan to privatize Pinnacol Assurance comes with legal questions
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Gov. Jared Polis recently announced that, as part of his proposed 2026-27 budget, he would allow Pinnacol Assurance, Colorado’s quasi-public workers’ compensation insurance division, to go private. However, questions on whether it’s possible or legal remain. The Polis administration previously claimed that Pinnacol is a state asset that can be “spun off.” Pinnacol, a domestic…
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Appeals court decides when Social Security payments may be garnished
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Colorado’s second-highest court has clarified the circumstances under which Social Security payments, which are exempt from garnishment under federal law, may actually be used to repay a debt. On Thursday, a three-judge panel for the Court of Appeals disagreed that federal law “unambiguously” shields Social Security benefits from garnishment. Instead, a beneficiary who fails to…
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Hickenlooper names 32 civic and business leaders as Governor’s Fellows
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The Quarterly Forum inducted 32 executives and community leaders on Friday who will make up the next class of Colorado Governor’s Fellows from across the state. The nonpartisan fellowship started in 2016 under Gov. John Hickenlooper with endorsements from former Govs. Bill Ritter and Bill Owens. The idea is to train leaders and cultivate their ideas…
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The Hot Sheet, March 23, 2016
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VOL. 01 NO. 49 | MARCH 23, 2016 | COLORADOSTATESMAN.COM/THE-HOT-SHEET | © 2016 By TCS Publisher and Editor in Chief Jared Wright _@JaredWright_ DENVER — Good morning, and a happy Snowpocalypse Wednesday to those of you in the Denver metro area and happy snow day to the Colorado state House and Senate. “Whimps” says veteran state Capitol…
