July 1, 2019
The number of licensed cannabis businesses in California continues to rise. For the state’s three types of licenses — temporary, provisional and annual — the latest figures show roughly 2,700 businesses licensed by the Bureau of Cannabis Control, which includes …
June 27, 2019
The majority of Americans say global warming is important to them, and that it’s affecting the weather in the U.S. A national survey by the Yale Program on Climate Change Communication and the George Mason University Center for Climate Change …
June 20, 2019
The number of licensed cannabis businesses in California continues to rise. For the state’s three types of licenses – temporary, provisional and annual – the latest figures show roughly 2,700 businesses licensed by the Bureau of Cannabis Control, which includes …
June 19, 2019
A possible sale of workers’ compensation specialist Applied Underwriters looks to be a step closer to reality. The California Department of Insurance is reviewing an application for the sale of the Calif.-based Berkshire Hathaway subsidiary. CDI officials confirmed with Insurance …
June 17, 2019
It’s still early, but claims experience thus far in the cannabis insurance market is encouraging, according to one leading writer. “So far, we’re optimistic that we’re going to see that our experience is going to be better than our other …
June 13, 2019
Climate change presents “high exposure risk” to insurers and their policyholders on many fronts: General liability claims for third-party bodily injury and property damage, directors and officers claims for a company’s failure to properly disclose climate-related or failure to align …
May 30, 2019
Roy E. Wright, CEO and president of the Insurance Institute for Business & Home Safety, wants Congress to consider financing resilience. The IBHS chief testified during a recent appearance before the House Ways and Means Committee that severe weather events …
May 29, 2019
It’s still early, but claims experience thus far in the cannabis insurance market is encouraging, according to one leading writer. “So far, we’re optimistic that we’re going to see that our experience is going to be better than our other …
May 16, 2019
Michael Peterson has had about five months to come in and tackle what promises to be unique job. Peterson is California’s deputy commissioner for climate and sustainability. After California Insurance Commissioner Ricardo Lara named Peterson to the newly created job …
May 2, 2019
The U.S. must take an active role in mitigating climate change on the global stage. So says the U.S. House of Representatives, which voted today on H.R. 9, the Climate Action Now Act. The bill, which passed 231-190, largely along …