marijuana insurance market News

AAIS Expands Cannabis Businessowners Insurance Policy to Colorado

AAIS (the American Association of Insurance Services), the only national not-for-profit insurance advisory organization governed by its member companies, has expanded its Cannabis Businessowners Policy (CannaBOP) program with a new filing in Colorado. CannaBOP debuted in California last year and …

Insurers Remain Cautious About Marijuana Insurance Market

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 …

NutraRisk Adds Program for Recreational, Medicinal Cannabis Operations

NutraRisk, a division of Worldwide Facilities, has expanded its cannabis offering to include an exclusive cannabis program providing general and product liability for medicinal and recreational operations. NutraRisk can also place risks in the eight states where recreational cannabis is …