Pinnacol Assurance has received an A- (Excellent) rating with a stable outlook from the global credit rating agency A.M. Best. This is the first time Pinnacol has been rated by A.M. Best. Pinnacol received the rating as a result of its appropriate surplus level, substantially improved underwriting and operating performance, and leading position in the Colorado workers’ compensation market. A.M. Best also recognized Pinnacol’s effective claims management and loss control services, and its local expertise.
“This rating is a testament to our financial strength and the diligence of our employees,” said Phil Kalin, Pinnacol’s president and CEO. “It’s a statement to our policyholders and injured workers that we are positioned to fulfill our commitments to them for the long haul.”
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