MEEKER | Pinnacol Assurance, Colorado’s leading workers’ compensation insurer, is honoring Bolton Construction with its Circle of Safety Award for their exemplary performance in safety, loss control and financial and claims management. This is the first year that the organization earned the award and it’s the only one in Meeker to receive the honor. “This year’s Circle of Safety winners are setting the standard in protecting their employees on the job, no matter what kind of hazards they face,” said Phil Kalin, Pinnacol’s president and CEO. “They’re an example of how to do it right, which keeps their employees safe and their businesses strong.” For nine years, Pinnacol’s Circle of Safety Award has recognized that exceptional risk management is the result of a circle of many people working together. From top management and frontline employees to Pinnacol representatives and the policyholders’ agents, everyone plays a role in making Colorado workplaces safer. These Circle of Safety winners embrace risk management and get their employees home safe every day. Pinnacol policyholders were eligible to receive the Circle of Safety Award if they met the following criteria: Pinnacol policyholder for more than four consecutive years; must have an experience modification rating (e-mod) indicating how an employer’s claims costs compare to other employers in the same industry; E-mod must be .85 or less in the current policy period; combined four-year loss ratio of less than or equal to 25 percent (the ratio of claims paid by Pinnacol to the premium paid by the employer.); 80 percent or more of all claims reported within 48 hours (combined four-year history); two or fewer notices of cancellation each year; no non-compliant audits; must currently hold the State of Colorado’s Cost Containment Certification; no fatalities; Pinnacol-approved return-to-work program. For a complete list of the 2016 Circle of Safety winners, visit www.pinnacol.com/safety/circle-of-safety.
RBC | Pinnacol Assurance, Colorado’s leading workers’ compensation insurer, will distribute $50 million in workers’ compensation dividend checks this month to its policyholders. More than 53,000 employers throughout the state—roughly 94.2 percent of the company’s […]