There’s a shortage of carriers offering insurance to cannabis businesses in numerous states, causing these businesses to pay more for policies or go underinsured. Regulators in several states are stepping in and putting some time and resources into encouraging more …
There may be many more carriers and brokers waiting on the sidelines of the insuring cannabis sector to get in than most may realize. That was among the messages delivered by experts during Insurance Journal’s webinar in mid-April, How Insurance …
California Insurance Commissioner Dave Jones has approved the first Cannabis Business Owners Policy in the State of California. The American Association of Insurance Services designed the new CannaBOP program for cannabis dispensaries, storage facilities, processors, manufacturers, distributors, and other cannabis-related …
A new builders’ risk coverage is now available for insuring civil or public works projects such as highways, levee systems, airports, and other facilities. The American Association of Insurance Services (AAIS) has released a new Civil Works Project coverage form …
R. Douglas Haines, president and CEO of Buckeye Insurance Group, Piqua, Ohio, is the new chairman of the board of the American Association of Insurance Services (AAIS). Also, the group has elected David Kaufman, president and CEO of Motorists Insurance …
Two major organizations that supply standard forms, rating information and policies to the property/casualty insurance industry have agreed to work more closely together. The American Association of Insurance Services (AAIS), and ACORD (Association for Cooperative Operations Research and Development) have …
Two veteran insurance product professionals have been named to leadership positions at the American Association of Insurance Services (AAIS). Rich Yocius has been named vice president of actuarial services and chief actuary, and John Kadous is now vice president of …
The American Association of Insurance Services (AAIS) has added three new positions to its staff. Scott Sheldon, an auto insurance product manager who spent 13 years with GEICO, has been named vice president for auto insurance at AAIS, where he …
Cosmetic damage from wind and hail to homeowner and commercial properties may no longer be covered if insurers opt to use new endorsements, one for homeowners and another for commercial roofs, that are becoming available. The two organizations that standardize …
Don Parkes, an insurance executive with 18 years’ experience in catastrophe risk management, has been named vice president of sales for the American Association of Insurance Services (AAIS). AAIS is a national insurance advisory organization that develops policy forms and …
