Getting your player ready...
DENVER—The only state-chartered workers’ compensation company is backing off after being criticized for advertising that promotes the benefits of privatizing the company.
Business groups say Pinnacol’s present quasi-governmental status seems to work well, and it is unclear that privatization would help them.
Officials at Pinnacol Assurance say they only promised they wouldn’t lobby members of a task force considering the merits of privatization.
Company spokeswoman Suzi Stolte tells the Denver Post ( ) it’s now clear there is no agreement on the ground rules for using the media to educate policyholders.
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Information from: The Denver Post,
