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Legalized cannabis issues. Legalized cannabis offers new opportunities for insurers, but there are multiple risks to be considered before offering coverage. (Photo: Shutterstock)

The legalization of marijuana is beginning to touch every line of insurance including property & casualty, commercial general liability, workers’ compensation, directors & officers’ liability, cyber, product liability, health and life insurance. Offering coverage for cannabis enterprises can provide a new business opportunity for insurers, but it also raises many questions as they navigate the conflicts between federal and state regulations.

Claims magazine, National Underwriter Property & Casualty and Propertycasualty360.com are sponsoring a free webinar on Tuesday, July 23 at 2 p.m. ET that will examine many of the issues insurers must address as they venture into this area. The webinar will examine the risks for insurers, marijuana-related businesses, and companies whose employees may use marijuana medically or recreationally. Providing their insights on the subject will be Teresa Bartlett, M.D., senior medical officer of Sedgwick; Patrick McManamon, CEO of Cannasure; and Ian Stewart, an attorney in the Los Angeles office of Wilson Elser Moskowitz Edelman & Dicker, LLP.

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Patricia L. Harman

Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]

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