Industry News

First Commercial Insurer to File Cannabis Business Insurance Is Approved by Insurance Commissioner

First Commercial Insurer to File Cannabis Business Insurance Is Approved by Insurance Commissioner

The below is a press release issued today from the California Department of Insurance (DOI). This is the first rate filing from an admitted carrier filed with the DOI specifically for the cannabis industry. In short this will help create more competition and better coverage for the cannabis industry. We will keep you updated as more unfolds, but this is a major step in the right direction for our industry and yours!