I'm known for my penchant for the unusual and hot topics I find interesting. I've written on dead bodies, skunks, bed bugs, and break-ups, so it was no surprise to my co-workers when I became fascinated with the issue of medical marijuana.
Currently, 15 states and the District of Columbia have legalized marijuana for medical use, and in those states such business appears to be booming. But like any business, there are insurance issues.
I was fortunate enough to have a delightful conversation with Mike Aberle of Statewide Insurance Services MMD Insurance Group, a true leader in the field of insurance coverage for medical marijuana. Mike knows the field top to bottom, and stated that they are using standard forms and modifying coverage with endorsements and exclusions, and that good underwriting is critical to providing coverage.
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