BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
A push to privatize Colorado’s workers compensation insurer, Pinnacol Assurance, failed Monday when only one member of the committee reviewing the legislation voted for the conversion.
H.B. 1213, which was introduced in early March, died in the House committee on state, civic, military and veterans affairs in a 10-1 vote to postpone the bill indefinitely.
The legislation proposed converting Pinnacol from a political subdivision of the state to a stock insurance company owned by a mutual insurance holding company, with the state receiving a one-time payout of $305 million for the divestiture of its interest. The bill would also have removed Pinnacol workers from the state’s pension system.
Pinnacol Assurance will reduce workers compensation rates by an average of 6% in Colorado, the Denver-based insurer announced Tuesday.