Coverage & Policy Issues

The chat covered a wide variety of potential pain points for the cannabis industry, from product liability and recalls to federal prohibition.

Attorneys for the medical professionals named as policyholders on the insurance argued that the money should go to their clients.

Reduction in sexual abuse and misconduct liability coverage limits is among the most pressing issues.

The average D&O premium paid by U.S. listed companies has risen 56% in the past year.

The governor indicated the insurance session would try to "bring some sanity and stabilize and have a functioning market."

The maturing legal cannabis industry's demand for professional and specialty lines insurance is growing alongside the push for legal clarity.