Advisory - Weeding through the unique insurance needs of the cannabis industry
News: 2018 Press Release
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
WHERE: CDI Sacramento, Suite 1700
300 Capitol Mall
Sacramento, CA 95814
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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.