marijuana insurance News

Building of $7B Legal Pot Economy Underway in California

The future of California’s legal marijuana industry is being shaped in a warren of cubicles tucked inside a retired basketball arena, where a garden of paper cannabis leaves sprouts on file cabinets and a burlap sack advertising “USA Home Grown” …

Board to Ponder Rules for Marijuana Consumption at Alaska Stores

Marijuana regulators in Alaska plan to consider rules this week for consuming marijuana products at authorized retail pot stores, a first among states that have legalized the recreational use of pot. Late last year, the Marijuana Control Board voted to …

Lloyd’s Stops Insuring Marijuana Firms Due to U.S. Law Conflicts

Lloyd’s of London has stopped insuring marijuana industry firms of any kind due to conflicts between federal and state laws over their legality. In a May 29 memo addressed “Dear Colleague,” obtained by Insurance Journal, Lloyd’s Director of Performance Management …

Hot Insurance Markets for 2015

This year’s “Hot Markets” report for property/casualty insurance agents and brokers includes some not-so-usual suspects along with tried-and-true markets enjoying growth. Insurance Journal examined industries experiencing recent change and expansion. Here are the top market sectors that promise opportunities for …