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AAIS cannabis business owner insurance program gets state approval
Idea is to provide coverage to qualifying business owners
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Cannabis insurance shouldn’t be a transactional play for brokers
‘Helping clients understand the ‘how’ and the ‘why’ is really important’
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Insurance Office of America expands western regional team with new hire
Insurer welcomes executive with broad business experience
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Hemp market in the US ‘set to explode’ with passing of Farm Bill
That means a lot of clients are going to be looking for insurance solutions, says expert
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Legal cannabis regulation picks up steam
There are lessons to be learned from states that are already online
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"We have seen a significant increase in capacity and carriers participating in this space"
Progress, though uneven, in this line of insurance means brokers and agents need higher levels of due diligence to mitigate clients' risks
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Competition in the cannabis market heats up as legalization talk sweeps the nation
Brokers and agents need to stay on top of the specialized risks and changing coverages in this blooming market
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Data coming out of legal cannabis states is “really frightening”
Crashes are up in states that have given the green light
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Worldwide Facilities hires cannabis specialist broker
New name to join insurer’s nutraceutical division
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Getting educated around the cannabis insurance space is a “two-way street”
Insurance professionals should share their knowledge, but they can also learn a lot from businesses in this emerging sector