Mesa County-based businesses to get $1.5 million in dividends

Counting the latest distribution, Pinnacol has returned $320 million to Colorado businesses since 2016 — about 9 percent of premiums. Pinnacol returned $70 million in 2020 and what was at the time a lockdown near the onset of the coronavirus pandemic.

Kalin said the company also has reduced customer rates by more than 32 percent since 2016.

Pinnacol Assurance has helped businesses adapt to pandemic-related hazards while also helping them remain focused on such common workplace hazards as slips, falls and unsafe lifting practices, he said.

“A strong safety culture and proactive management of employees’ safety and well-being can literally put money back in a business’ pocket,” he said. “This is not a nice-to-have or something to be focused on during boom times exclusively.”