DENVER, April 10, 2025 -- Pinnacol Assurance, Colorado's leading workers' compensation insurer, today announced that AM Best, a global credit rating agency specializing in the insurance industry, has reaffirmed the company's A- (Excellent) Financial Strength Rating. This rating affirms Pinnacol's financial strength, stability, and consistent, superior operating performance.
AM Best's A- rating signifies that Pinnacol has a strong ability to meet its ongoing insurance obligations. AM Best bases its ratings on several key factors:
- Balance sheet strength
- Operating performance
- Business profile
- Enterprise risk management
"We are pleased that AM Best continues to recognize Pinnacol's financial strength and stability," said John O'Donnell, president and CEO at Pinnacol Assurance. "This rating is a testament to our sound financial management, disciplined underwriting practices, and unwavering commitment to serving Colorado businesses and workers."
The A- rating provides assurance to Pinnacol's policyholders and partners that the company has the financial resources to pay claims and provide reliable coverage.
About Pinnacol
Pinnacol Assurance is a top-performing provider of workers' compensation insurance. We offer top-rated injured worker care, customized safety solutions and a comprehensive return to work program that helps our customers reduce risk and save costs. You can see our investment in the community through our nationally recognized apprenticeship program, and Pinnacol Foundation scholarship program. Pinnacol's team members, culture of caring, and top-rated services have received numerous awards, affirming our commitment to the people and communities we serve. Learn more at Pinnacol.com.
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