A proposal to privatize the only state-chartered workers' compensation company, Pinnacol Assurance, is getting a cool reception from a special panel reviewing the plan. A straw poll of the task force on Tuesday showed more than half to be opposed or neutral.
A task force charged with analyzing whether the state created worker's compensation company should privatize has even more questions than when it first began examining the plan. The group held its second meeting on Thursday.
The embattled state-owned workers' compensation insurer of last resort has withdrawn as the administrator of state employee claims, forcing Colorado to hire an independent contractor.