California Insurers Urged To Sell Cannabis Coverage

Monday, April 30th, 2018 Excess & Surplus Lines

California Insurance Commissioner Dave Jones has previously urged insurers to sell legalized cannabis industry insurance products. He is now renewing this call on the heels of recent reports that President Donald Trump has ignored federal law enforcement policies put in place by Attorney General Jeff Sessions. The Commissioner has been trying to encourage insurance company involvement since November 2016. At that time, Californian voters chose to make adult recreational cannabis use legal. Since that time, Commissioner Jones has been asking insurers to look into selling cannabis industry insurance.


External References & Further Reading
http://www.liveinsurancenews.com/california-commissioner-encourages-insurers-to-sell-cannabis-industry-insurance/
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