Selling insurance to cannabis dispensaries may the business in which to be in the very near future. A new report claims that cannabis retailing could become one of the “most profitable specialty store categories ever.” The report, From Dispensaries to …
As Illinois and Missouri undertake the process of licensing businesses in their newly legalized cannabis industries — recreational in Illinois and medical in Missouri — they have the advantage of taking what has worked and shedding what hasn’t in the …
I love being in the insurance business. We get to be a part of every part of life around the world. We also get to play a part in every emerging risk and trend as they come to the fore …
After briefly faltering a year ago, California’s massive cannabis industry seems to be regaining steam. Cannabis sales in the Golden State are expected to reach nearly $3.1 billion this year, a report released today shows. The report, California: Lessons from …
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 …
The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks in play that could limit wider carrier participation, A.M. Best said in a new report. One of the key barriers …
Insurance agents and brokers who market themselves as experts in cannabis or cyber could wind up regretting that positioning. Because both are relatively new exposures subject to changing regulations and coverages, producers marketing themselves as experts could face scrutiny, lawsuits …
Rancho Cucamonga, CA, October 17, 2018- Anyone who wants to partner with a forward-thinking insurance agency should look no further than Rancho Cucamonga’s Big Pine Insurance. Cannabis-related insurance coverage used to be ridiculously complicated, but just as government regulations have …
Cannasure Insurance Services (Cannasure), a managing general agent and wholesale broker specializing in cannabis insurance, and based in Cleveland, Ohio, has hired Kieran O’Rourke to lead its MGA underwriting platform. O’Rouke has more than 20 years property/casualty underwriting and senior …
The California insurance commissioner has approved the first filing by an admitted commercial insurance company to sell cannabis business insurance. Insurance Commissioner Dave Jones on Thursday announced the approved filing from Golden Bear Insurance Co. “This is the first of …
