AM Best Reaffirms Pinnacol Assurance's A- Rating, Citing Financial Strength and Operating Performance

DENVER, CO – April 10, 2025 – Pinnacol Assurance, Colorado's leading workers' compensation insurer, today announced that AM Best, a global credit rating agency specializing in the insurance industry, has reaffirmed the company's A- (Excellent) Financial Strength Rating. This rating affirms Pinnacol's financial strength, stability, and consistent, superior operating performance.

AM Best's A- rating signifies that Pinnacol has a strong ability to meet its ongoing insurance obligations. AM Best bases its ratings on several key factors: 

  • Balance sheet strength 
  • Operating performance
  • Business profile
  • Enterprise risk management

"We are pleased that AM Best continues to recognize Pinnacol's financial strength and stability," said John O’Donnell, president and CEO at Pinnacol Assurance. "This rating is a testament to our sound financial management, disciplined underwriting practices, and unwavering commitment to serving Colorado businesses and workers."

The A- rating provides assurance to Pinnacol's policyholders and partners that the company has the financial resources to pay claims and provide reliable coverage.

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Liz is the director of our public relations team