PGI Commercial Lines

  Important Legislative Update     Potential Pinnacol privatization The bill to separate Pinnacol from the state will be introduced today and faces certain death in its current form. House leadership would not allow any Democrats to sign on as co-prime sponsors and stated Monday their opposition to the bill this year. Their reasoning was primarily that the state no longer faces a fiscal crisis, so it does not need to divest its interest in the company. They also indicated concern about the state being left without a carrier of last resort (which reflects a ...

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