January 17, 2018
PHOENIX, Arizona - CopperPoint Mutual Insurance Company, Arizona's leading provider of workers' compensation insurance since 1925, today announced it has completed its acquisition of Pacific Compensation Insurance Company (PacificComp) from Alleghany Insurance Holdings LLC, a wholly-owned subsidiary of Alleghany Corporation (NYSE: Y). The purchase price equates to $150 million in cash and is subject to post-closing adjustments. Terms of the agreement include the purchase of adverse development reinsurance cover on PacificComp's pre-acquisition claims.
November 8, 2017
PHOENIX, Arizona - CopperPoint Insurance Companies has been named one of Arizona's largest private companies in the 2017 Arizona Corporate Excellence (ACE) Award sponsored by the Phoenix Business Journal. ACE winners were recognized at an awards reception held Thursday, Nov. 2 at The Scottsdale Center for the Performing Arts in Scottsdale.
October 5, 2017
PHOENIX, Arizona - Marc Schmittlein, President & CEO of CopperPoint Insurance Companies, has been appointed to serve on the 2018 Greater Phoenix Economic Council Board of Directors. GPEC is a regional economic development organization and its board of directors is made up of public and private leaders aimed at bringing long-term sustainability to the Phoenix area.
September 18, 2017
PHOENIX, Arizona - CopperPoint Insurance Companies has been named one of the 2017 Arizona's Most Admired Companies, according to AZ Business Magazine and BestCompaniesAZ. All the Arizona Most Admired winners were recognized at an awards reception held Thursday, Sept. 14 at Omni Scottsdale Resort & Spa at Montelucia in Scottsdale.
Arizona's Most Admired Companies are selected based on how a company has performed in the following areas: Workplace Culture, Leadership Excellence, Corporate and Social Responsibility, Customer Opinion and Innovation.
September 12, 2017
$150 million deal establishes regional insurer's expansion and growth
August 14, 2017
TUCSON, Arizona - CopperPoint Insurance Companies, a leading provider of workers' compensation insurance, will hold its signature safety education event, Safety Works, at Loews Ventana Canyon Resort in Tucson, Arizona, on Wednesday, August 23, 2017.
Safety Works 2017 Expo is a one-day symposium of educational seminars for employers, HR professionals, safety directors and employees. Seminars cover a broad array of topics in the safety, business practices and human resources fields.
July 26, 2017
PHOENIX, Arizona - CopperPoint Mutual Insurance Company announced Marc Schmittlein has been elected to the board of the mutual organization, and Judith Patrick, Ken Kirk, and Ronnie Lopez have been re-elected to the board. CopperPoint's board of directors manages the strategic direction of the workers' compensation insurance company. Survey & Ballot Systems, an independent election administrator, conducted the voting process.
June 22, 2017
PHOENIX, Arizona - CopperPoint Insurance Companies has awarded Chiko Swiney, an attorney in its Legal Services division, the Don Smith Volunteer of the Year Award. Swiney is recognized for her work with Ronald McDonald House Charities in Phoenix. The award includes a $500 donation for that charity organization.
June 13, 2017
PHOENIX, Arizona - CopperPoint Insurance Companies, a leader in workers compensation insurance, announces it has named Mark L. Joos its chief financial officer.
Joos will be responsible for overseeing the Finance Division, including Finance, Accounting and Investments for CopperPoint, an A- "Excellent" A.M. Best-rated company with $1.3 billion in surplus and more than $3.6 billion in assets with no debt.