If you ask around about cannabis captives, you won’t find out much. It turns out there are few if any captives for cannabis companies. However, as the industry matures, interest in forming captives is sure to grow, and some brokers …
Insurance Journal examined industries experiencing changes and a few challenges due to economic forces, tough insurance market conditions, and societal pressure. Here are 10 industry sectors that could see new and emerging risks in 2023 and beyond. Cyber Complexities It …
A pair of California bills requiring large companies to report emissions from across their supply chains and creating more stringent reporting of climate-related impacts could have implications nationwide. Two Legislators from the Golden State this week introduced Senate Bill 253 …
An earthquake false alarm nearly four years ago can teach disaster and emergency planners – and any crisis communicators, including insurers – a thing or two about communicating to the public during and after a crisis. In May 2019, an …
Just how big an impact the recent historic California storms had on the state’s cannabis industry is still coming into focus, and while two of the biggest players in California’s cannabis insurance market are starting to see upticks in claims, …
Volatile cannabis flower prices in states with developed cannabis programs will impact insurance buying, while capacity will still be a challenge in 2023. Those were among the forecasts for the year from three subject matter experts. For our latest podcast …
The U.S. Environmental Protection Agency is proposing adding mitigating climate change to its national focus over the next four years. The EPA on Thursday announced it’s considering adding environmental justice, climate change, and PFAS (Per- and polyfluoroalkyl substances, human-made chemicals …
Right after Tim Sweeney took the helm as Liberty Mutual’s CEO, a group of activists hosted a demonstration asking the him to “pick fossil fuels or Boston” by prioritizing climate policies to mitigate risk and protect the city of Boston …
GEICO closing offices in California, insurers battling with regulators, lawsuits, settlements, and wildfires were among the most read stories in Insurance Journal’s West region. Following were among the region’s top 10 articles for the year that interested readers. The Top …
A cannabis banking bill, lower cannabis taxes in California, better risk management practices, and a stabilization of product pricing, were among the wishes for next year from a handful of insuring cannabis professionals. A group of Insuring Cannabis podcast regulars …
