Some cannabis insurance brokers are lately reporting better conditions for their cannabis clients – such as lower rates, better terms. It’s too early to say whether their cannabis clients are getting better rates thanks to a maturing industry with a …
Demex Group raised $5 million from a syndicate of existing and new investors the company says will address accumulating losses caused by secondary perils. The managing general agent, which “operates at the intersection of climate, insurance, and technology,” last year …
You don’t hear a lot about insurtechs and cannabis, but one firm aims to change that paradigm. SquareRisk principals say they aim to transform the wholesale distribution model for specialty insurance, building partnerships with more than 15 specialty insurance carriers …
Dispensary entrepreneur Adam Fong got tired of having his San Rafael, California operation being broken into. The business suffered five break-ins starting in 2019, with the biggest loss coming from the first theft – $10,000 worth of product and $20,000 …
Eight-in-10 people around the globe in July were exposed to one day or more of heat made at least three times more likely by climate change, and 244 million people in the U.S. experienced at least one such day in …
The disruption in the cannabis space is having an impact on that insurance specialty from coast to coast, a new report out from Amwins shows. The report, Amwins State of The Market Report 2023: A Focus on the Cannabis Market, …
U.S. insurers are adopting numerous strategies to deal with risks from climate change, according to a review out today that gives the first look at how or if insurance companies are adopting the widely used Task Force for Financial Disclosure …
A bill to make large companies in California disclose their emissions is worth a watch in all states. The moving through California Legislature – it passed the Assembly Natural Resources Committee this week – could set a stage in other …
The world of cannabis podcasts is as varied as it is broad. Some podcasts focus on the best ways to consume. Others have a business focus. There are podcasts focused almost solely on data, podcasts with a venture capital bent, …
Insurers have come a long way on climate change, but they have a long way to get where they need to be to deal with a more hazardous planet. That was the assessment from Washington Insurance Commissioner Mike Kreidler, a …
