Cannabis

Cannabis Insurance…The Challenges and Opportunities for Insurers

May 19, 2021 / by AAIS posted in New/Emerging Risks, Cannabis, CannaBOP, Commercial Lines, Industry

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The burgeoning cannabis market is creating pressure on the insurance industry to develop products that address risks emerging from increased legalization. AAIS Commercial Lines Product Manager Joe Jonas shared his insights on the market during the 2021 Business Insurance Cannabis Update. Mr. Jonas was joined by Charles Pyfrom, CMO at CannGen Insurance, and host Gerrit Nagarwalla, CPCU from Canopius, for a discussion on ‘Claims, Policy & Underwriting.’

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Into the Weeds: Cannabis Insurance and the Industry Landscape

Jan 6, 2021 / by AAIS posted in Community, Issues & Trends, COVID-19, Regulatory/Compliance, Cannabis, CannaBOP, Commercial Lines, Industry, Legislation & Regulation, AAIS Insights, AAIS Pulse, pandemic, Aon, Porter Wright Morris & Arthur

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The COVID-19 pandemic has had lasting impacts on industries far and wide…including the growing cannabis industry. In the inaugural edition of the AAIS Pulse, AAIS’s Joe Jonas and Phil Skaggs were joined by Porter Wright Morris & Arthur LLP’s Randi Ellias and Aon’s Richard Golz to discuss cannabis insurance trends, including the impact the pandemic has had on its expansion.

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Growing Cannabis Acceptance Leads to Industry, Insurance Changes

Dec 15, 2020 / by AAIS posted in Community, Issues & Trends, Regulatory/Compliance, New/Emerging Risks, Cannabis, CannaBOP, Farm & Ag, Commercial Lines, Legislation & Regulation, latest news 4

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Cannabis insurance is a budding topic, growing alongside the expanding cannabis industry. Five states have approved recreational cannabis during the 2020 elections, bringing the total states where cannabis is fully legal to 15. What does this mean for the cannabis market, particularly for insurers involved with this growing industry?

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Cannabis Coverage is Lighting Up the Insurance Industry

Jun 17, 2020 / by Phil Skaggs posted in Issues & Trends, New/Emerging Risks, Cannabis, CannaBOP, Farm & Ag, Commercial Lines, Industry

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An increasing number of states are legalizing the use of medicinal and recreational cannabis, creating the opportunity for new business ventures and the need for reliable insurance coverage as the industry expands and matures.

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