Mesa County businesses will receive a total of nearly $2 million, a portion of the latest general dividends returned by Pinnacol Assurance to its workers’ compensation insurance policyholders.

Pinnacol Assurance plans to distribute a total of $70 million to 52,000 employers across Colorado.

“As a customer-centric organization, it’s gratifying to return $70 million to our policyholders,” said Phil Kalin, president and chief executive officer of Pinnacol. “These funds represent Pinnacol’s effective claims management and handling of customers’ premiums, which is reflected in our historically high injured worker and policyholder satisfaction scores.”

About 94 percent of Pinnacol customers will receive a dividend. Check amounts are calculated based on customers’ premium size and success with partnering with employees and Pinnacol to keep their workplaces safe. The average 2019 dividend check will be $1,328 and will be sent in late March.

Mesa County businesses will receive on average $1,071.

The latest dividend equates to Pinnacol returning on average 11 percent of premiums to policyholders. Pinnacol has issued dividends 11 times since 2005, returning more than $500 million in total general dividends to Colorado businesses.