The Colorado Independent,2020
All Right Reserved.
Home Tags Pinnacol
A bill designed to put a stop to lavish "business" trips taken by government entities, such as Pinnacol Assurance, was laid over Wednesday after Democratic senators proclaimed the bill still too lenient with taxpayer dollars. The bill was laid over in the Senate Judiciary Committee to determine support for an amendment.
House Minority Leader Sal Pace, D-Pueblo, and Sen. Lois Tochtrop, D-Thornton, announced a bill Tuesday designed to limit Pinnacol Assurance's travel expenditures after it was revealed that Pinnacol had spent hundreds of thousands of dollars on everything from spas to pink golf balls for top producers of the company.
After suing KMGH Channel 7 to block a Colorado Open Records Act (CORA) inquiry into expenses related to an "extravagant" golf trip to Pebble...
DENVER-- A controversial bill that aims to diversify and open up decision-making at Pinnacol Assurance, the impressively profitable quasi-governmental workers compensation insurance provider, passed out of the House Judicial Committee Friday on a mostly partisan vote. The hearing highlighted the tensions that define Pinnacol, an entity designed to serve the public but also required to act as a business.
Denver Republican state Rep. Joe Miklosi has introduced legislation that seeks to change the make-up of the governing board of tax-exempt Pinnacol Assurance, the state's largest workers compensation insurer. The bill seeks to diversify the perspective of the quasi-governmental business to include injured workers and open the board's proceedings to greater public scrutiny. Miklosi is getting significant pushback from Pinnacol, which is most strongly opposed to the provision in the bill encouraging public comment on board deliberations.