A
Pinnacol Assurance
DenverCO
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
19,896
9,704
29,600
32.78%
35.29%
2023
21,196
10,542
31,738
33.22%
35.67%
2022
21,832
9,930
31,762
31.26%
37.14%
2021
21,844
8,899
30,743
28.95%
35.46%
2020
21,274
9,126
30,400
30.02%
33.86%
2019
27,407
9,930
37,337
26.60%
34.01%