Summary: ISO is making available a cannabis coverage endorsement option under the Commercial Property Program, with a proposed effective date of October 1, 2021. Cannabis is an emerging risk and ISO is continually monitoring the risk to provide insurers with additional underwriting tools to address the needs of consumers in this risk space.
In 2019, ISO introduced endorsements that exclude cannabis exposures:
CP 99 03 12 19 – Cannabis Exclusion
CP 99 04 12 19 – Cannabis Exclusion With Hemp Exception
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