Search Any Latest Music Below

Cannabis and Commercial Insurance – What’s In Store?

Widespread legalisation of cannabis – both in the US and neighboring Canada – has been one of the biggest talking points in insurance for some time now … and it doesn’t look the chatter will be dying down anytime soon.

Commercial insurance for cannabis will be under in the spotlight in ‘From Board Members To Bud Tenders’, one of the many sessions taking place at the upcoming Cannabis Cover event – a multi-city masterclass that will be stopping in Denver, Los Angeles and Las Vegas in May.

“I can’t speculate about where the market is headed,” says Camille Dixon of the California Department of Insurance – one of the speakers in the session – when asked how lines of coverage will be shaped by the risks the emerging cannabis market presents.

She does, however, expand on the kind of new marijuana-related businesses that regulators will soon require to hold commercial coverage.

“It depends on the type of license or licenses that an applicant is applying for,” she explains.

“Insurance requirements will differ depending upon the licensing category and state and local licensing requirements.

Cannabis business applicants are encouraged to review their local and state licensing agency regulations for specific insurance requirements.”

Another important issue is the impact of cannabis on product liability, directors and officers, workplace coverage and general liability coverage.

“As the cannabis industry matures on the regulated market,” Dixon says, “PL, D&O, and other types of insurance will become more commonplace in the industry.”

And what about exclusions? What do underwriters and brokers need to be most aware of when placing cannabis coverage? Dixon has a straightforward answer.

“Simply stated, if a policy is supposed to cover the cannabis plant, the policy should not contain cannabis exclusions, directly or indirectly,” she says.

Find out more at the Cannabis Cover event .

Olamide New Songs
Davido New Songs
Phyno New Songs
Ghana Music Songs
olamide latest Songs
shatta wale new 2019 songs
AKA latest Songs
latest music 2019
latest songs 2019
latest 2019 Naija Music
davido new 2019 songs
latest South Africa Music 2019
wizkid new 2019 songs
2019 latest songs
tekno new 2019 songs
sarkodie new 2019 songs
Phyno new songs
latest Ghana songs 2019
latest Nigeria music 2019
new Naija music 2019
Latest Burna Boy 2019 Songs
Latest Falz 2019 Songs
Latest Patoranking 2019 Songs
Latest Tiwa Savage 2019 Songs
Latest Harrysong 2019 Songs
Latest Emtee 2019 Songs
Latest Runtown 2019 Songs
Latest Flavour 2019 Songs
Latest Timaya 2019 Songs
Latest Distruction Boyz 2019 Songs
Latest Nasty 2019 Songs
Latest Dremo 2019 Songs
Latest CDQ 2019 Songs
Latest Yung6ix 2019 Songs
Latest Lil kesh 2019 Songs
Latest Reekado Banks 2019 Songs
Latest Dbanj 2019 Songs
Latest Ycee 2019 Songs
Latest Simi 2019 Songs
Latest Yemi Alade 2019 Songs
Latest Kizz Daniel 2019 Songs
Latest Dammy Krane 2019 Songs
Latest Reminisce 2019 Songs

About Author

About

Related Posts

Leave a comment

     

Name Below (Required)      

       

       
© 2018 MP3GIST.COM Mp3 Mp4 Mkv Videos And Music Download. flexyjam, fakaza, hiphopza, naijaloaded, tooxlcusive, waploaded, netnaija, 9jaflaver
About us || Content Removal ||Privacy Policy || Contact us || Advertise Here