Facing a massive budget deficit and a workforce that is decreasingly bound by state lines, Gov. Jared Polis has pitched a solution that’s been raised twice in recent memory at the Colorado Capitol: spinning off the state’s stake in Pinnacol Assurance. Privatizing the quasi-governmental insurance company would mean pulling the state out of the workers’ compensation game, while raising serious one-time money to help plug the budget — an idea that Polis hasn’t yet sold lawmakers on. Pinnacol serves as the workers’ compensation insurer of last resort for the state, ensuring that high-risk industries, such as roofing, can meet the legal requirement for coverage.

Topics:  gov jared polis   capitol   privatizing   july    there   rep emily sirota   denver democrat    we re   nov   public employees retirement association   pera   assessing   rep matt soper   delta republican   general assembly   legislative services building    photo   aaron ontiveroz/the denver post    krjsten forseth   afl-cio   where polis    like sirota   sen jeff bridges    bridges   greenwood village democrat    but i   related articles   attorney general phil weiser   metro denver   editorial   west s   boulder   sundance film festival   posting   colorado s      public affairs liz johnson   jan    in    johnsons   brighton republican   tying    it   jbc   stay   colorado politics   spot    polis   pinnacol   in   spinning   dec   polis    he    the    the   the   joint budget   committee   polis    pinnacol   soper    the   sen barbara kirkmeyer    i    forseth    i   but   politics   colorado    kirkmeyer   privatize   workers comp   proposal   resort   money   million   compensation   lawmakers   details   year   gap   governor   employers   policies   fund   idea   market   hasn   time   bill   costs   competitive   pool   move   open   aimed   benefit   short-term   chiefly   company   rise   fill   government   long-term   smaller   started   riskier   coverage   fiscal   affordable   years   doesn   carry   estimated   requirement   meet   start   legislature   chance   enterprise   engage   sell   competitiveness   conversation   powerful   problems   session   serve   successful   billion   premium   approach   lot   member   total   fully   
BING NEWS:
  • Showing at the Fox 5: Friday, Jan. 3-Thursday, Jan. 9
    Thursday January 9th. HELD OVER. A COMPLETE UNKNOWN (R) Sat and Sun Matinee at 4:00 pm. Nightly 7:00 pm. Thursday, Friday, Saturday ...
    01/3/2025 - 1:45 am | View Link
  • Gov. Jared Polis wants to privatize Pinnacol, the state’s workers’ comp carrier. Will the third try be the charm?
    Facing a massive budget deficit and a workforce that is decreasingly bound by state lines, Gov. Jared Polis has pitched a solution that’s been raised twice in recent memory at the Colorado Capitol: ...
    01/2/2025 - 12:00 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News