This document is a draft bill from the Colorado General Assembly that proposes amending duties of the Pinnacol Assurance board of directors. If passed, it would require the board to charge lower premiums, pay out higher benefits to injured workers, and direct Pinnacol employees to avoid asking injured workers difficult questions. The bill summary notes it was introduced by the Interim Committee to Study Issues Related to Pinnacol Assurance.
This document is a draft bill from the Colorado General Assembly that proposes amending duties of the Pinnacol Assurance board of directors. If passed, it would require the board to charge lower premiums, pay out higher benefits to injured workers, and direct Pinnacol employees to avoid asking injured workers difficult questions. The bill summary notes it was introduced by the Interim Committee to Study Issues Related to Pinnacol Assurance.
This document is a draft bill from the Colorado General Assembly that proposes amending duties of the Pinnacol Assurance board of directors. If passed, it would require the board to charge lower premiums, pay out higher benefits to injured workers, and direct Pinnacol employees to avoid asking injured workers difficult questions. The bill summary notes it was introduced by the Interim Committee to Study Issues Related to Pinnacol Assurance.
LLS NO. 10-0217.01 Kristen Forrestal INTERIM COMMITTEE BILL
Interim Committee to Study Issues Related to Pinnacol Assurance
SHORT TITLE: "Duties Of Pinnacol Board Of Directors"
A BILL FOR AN ACT
101 C ONCERNING DUTIES OF THE P INNACOL A SSURANCE BOARD OF 102 DIRECTORS.
Bill Summary
(Note: This summary applies to this bill as introduced and does
not necessarily reflect any amendments that may be subsequently adopted.)
Interim Committee to Study Issues Related to Pinnacol
Assurance. Requires the board of directors of Pinnacol Assurance to charge less, pay more, and direct employees of Pinnacol Assurance to not ask injured workers difficult questions.
1 Be it enacted by the General Assembly of the State of Colorado:
Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
Capital letters indicate new material to be added to existing statute. Dashes through the words indicate deletions from existing statute. DRAFT 10.6.09 1 SECTION 1. 8-45-101 (5), Colorado Revised Statutes, is
2 amended BY THE ADDITION OF A NEW PARAGRAPH to read:
3 8-45-101. Pinnacol Assurance - creation - powers and duties.
4 (5) The board shall:
5 (m) C HARGE LESS, PAY MORE, AND DIRECT EMPLOYEES OF
6 P INNACOL A SSURANCE TO NOT ASK INJURED WORKERS DIFFICULT
7 QUESTIONS.
8 SECTION 2. Safety clause. The general assembly hereby finds,
9 determines, and declares that this act is necessary for the immediate
10 preservation of the public peace, health, and safety.