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NCCI data ranks Pinnacol Assurance as Colorado's top claims handler

Pinnacol Assurance resolves serious workers' compensation claims 31% faster than the Colorado industry average, according to a four-year performance analysis by the National Council on Compensation Insurance. The data, covering the period from 2020 through 2024, highlights the carrier's efficiency in managing costs and supporting injured employees' recovery timelines.

NCCI data ranks Pinnacol Assurance as Colorado's top claims handler

The NCCI report underscores a significant operational gap between Pinnacol and its competitors. Beyond speed, the carrier demonstrates a 9.2% higher accuracy rate in predicting ultimate claim costs, a metric that helps employers avoid unexpected financial volatility. By paying out nearly 60% of total claim costs during the early stages of a file, the firm ensures immediate support for both medical providers and workers.

Quincy Douglass, Vice President of Operations at Pinnacol, noted that these performance markers serve as a competitive advantage for the more than 50,000 businesses currently insured by the company. The carrier credits this success to a localized model that integrates proactive medical management with dedicated adjusters, aiming to stabilize claims from the moment of filing. On average, the firm saves members $10,000 per serious claim compared to the broader market, reinforcing a strategy focused on early intervention and return-to-work outcomes.

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