Tag: colorado succeeds
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Proposal outlines $300M deal separating Pinnacol from Colorado state government
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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Split vote by Colorado Title Board stops ballot push to privatize Pinnacol Assurance
The Colorado Title Board, a three-member panel that sets the language for ballot measures, recently reversed a prior decision and blocked a proposal to privatize Pinnacol Assurance from moving forward. The main issue decided by the title board is whether a ballot measure meets the state’s constitutionally mandated single-subject law and whether its content fits…
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Colorado business coalition moves Pinnacol privatization fight from Capitol to voters
The future of Pinnacol Assurance is moving away from the governor’s office and the legislature, with a new ballot initiative aiming to privatize the insurer and use the proceeds to expand job training across Colorado. Colorado Succeeds, a coalition of business leaders focused on education, is pursuing a ballot measure to allow Pinnacol, the quasi-government…