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CA Department of Insurance

Advisory - Weeding through the unique insurance needs of the cannabis industry

News: 2018 Press Release

For Release: May 15, 2018
Media Calls Only: 916-492-3566
Email Inquiries: cdipress@insurance.ca.gov
Advisory - Weeding through the unique insurance needs of the cannabis industry
Commissioner Jones hosts national webinar for cannabis industry and media

SACRAMENTO, Calif. — Insurance Commissioner Dave Jones will host the National Association of Insurance Commissioners' Center for Insurance Policy and Research Webinar: Weeding Through the Unique Insurance Needs of the Cannabis Industry. Commissioner Jones will discuss his ongoing efforts to encourage a robust insurance marketplace for the cannabis industry and will lead around table discussion on the future of the cannabis market.

The webinar will explore cannabis industry activities, its risks, and the unique first and third-party coverage needs. It will also delve into how conflicting state and federal laws are impacting claims, the impact of policy exclusions and gaps in available coverage.

WHO:      California Insurance Commissioner Dave Jones

WHEN:    Wednesday, May 16, 2018
                 9:30 a.m.

WHERE:   CDI Sacramento, Suite 1700
                  300 Capitol Mall
                  Sacramento, CA 95814

To ensure there are enough spaces available for media to participate online, please e-mail: cdipress@insurance.ca.gov.

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Media Notes:



The California Department of Insurance, established in 1868, is the largest consumer protection agency in California. Insurers collect $310 billion in premiums annually in California. Since 2011 the California Department of Insurance received more than 1,000,000 calls from consumers and helped recover over $469 million in claims and premiums. Please visit the Department of Insurance website at www.insurance.ca.gov. Non-media inquiries should be directed to the Consumer Hotline at 800.927.4357. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.

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