COLORADO GENERAL ASSEMBLY - STATUTORY REPORTS

Department

Legislative

Agency

Office of the State Auditor

Recipient

General Assembly, Governor

Colorado Division of Insurance Report of Financial Examination of Colorado Compensation Insurance Authority dba Pinnacol Assurance
Statutory Cite:	Next Due Date:	Frequency:	Report Status:	Repeal Date:
8-45-121 (2)	None	Annual	Ongoing
Enacting Law: SB 09-281
Previous Enactment: HB 02-1135 amended
8-45-121. Visitation of fund by commissioner of insurance - annual audit - examination. (2) An annual financial audit and, in 2009, a performance audit of Pinnacol Assurance shall be made as soon as practicable by the state auditor, such audits to include, but not be limited to, executive compensation, premium rate structure, known loss reserves, incurred but not reported losses, and injured workers' claims experience. In conducting such audits, the state auditor may employ a firm of auditors and actuaries, or both, with the necessary specialized knowledge and experience. The cost of such annual audit shall be paid from the operating funds of Pinnacol Assurance. The state auditor shall report his or her findings from such audits, along with any comments and recommendations to the governor, the general assembly, the executive director of the department of labor and employment, and the commissioner of insurance. The state auditor shall have continuing authority to conduct performance audits of Pinnacol Assurance as the state auditor deems appropriate. The cost of performance audits shall be paid from the operating funds of Pinnacol Assurance.

Report Date

Report Name

Attached Report

May 2010

Pinnacol Assurance Performance Audit

(See attached file: Pinnacol Performance Audit 2010.pdf)

May 2013	Pinnacol Assurance Statutory Financial Statements as of and for the years ended December 31, 2012 and 2011...	(See attached file: Pinnacol Financial Audit 2012-1011.pdf)
May 2012	Pinnacol Assurance Statutory Financial Statements as of and for the years ended December 31, 2011 and 2010...	(See attached file: Pinnacol Financial Audit 2011-2010.pdf)
July 2011	Pinnacol Assurance Statutory Financial Statements as of and for the years ended December 31, 2010 and 2009...	(See attached file: Pinnacol Financial Audit 2009-2010.pdf)
May 2010	Pinnacol Assurance Statutory Financial Statements as of and for the years ended December 31, 2009 and 2008...	(See attached file: Pinnacol Financial Audit_2008-2009.pdf)
May 2009	Pinnacol Assurance Statutory Financial Statements as of and for the years ended December 31, 2008 and 2007...	(See attached file: Pinnacol Financial Audit_2007-2008.pdf)
May 2007	Pinnacol Assurance Statutory Financial Statements as of and for the years ended December 31, 2006 and 2005...	(See attached file: Pinnacol Financial Audit_2005-2006.pdf)
April 2006	Pinnacol Assurance Statutory Financial Statements ... December 31, 2005 and 2004	(See attached file: Pinnacol Financial Audit_2004-2005.pdf)
April 2005	Pinnacol Assurance Statutory Financial Statements ... December 31, 2004 and 2003	(See attached file: Pinnacol Financial Audit_2003-2004.pdf)
April 2004	Pinnacol Assurance Statutory Financial Statements ... December 31, 2003 and 2002	(See attached file: Pinnacol Financial Audit_2002-2003.pdf)
February 2003	Pinnacol Assurance Audited Statutory Financial Statements...December 31, 2002 and 2001	(See attached file: Pinnacol Financial Audit_2001-2002.pdf)

Pursuant to Section 24-1-136 (9), C.R.S., Colorado state departments and agencies submit all statutorily required reports to Colorado Legislative Council staff. The Colorado Legislative Council staff delivers these reports to the appropriate legislative recipients and makes them available on this site. The Colorado Legislative Council is the non partisan research staff for the Colorado General Assembly. If you have any questions, please contact the Colorado Legislative Council: lcs.ga@coleg.gov; 303-866-3521.