A broker hands an underwriter an application for a cannabis operation. No red flags so far, but then the underwriter takes a look for himself and finds a converted residence smack in the middle of a neighborhood, complete with minors …
When states declared cannabis operators essential during the pandemic, that kept cannabis dispensary doors open and boosted sales. That was fine and well, but it also had the effect of pushing up the costs of auditable policies – giving some …
This post is part of a series sponsored by Worldwide Facilities, LLC. In 2020, cannabis spending hit $29 billion. By 2024, global cannabis market revenues are expected to surpass $42 billion. As a result of all this spend, the number …
The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the fourth-largest wholesale insurance broker in the U.S. The addition of Worldwide broadens Amwins’ specialty capabilities and expands its footprint, especially …
This post is part of a series sponsored by Worldwide Facilities, LLC. The ability to trace where food originally came from allows authorities to better contain and manage contamination when it occurs. Recently, the Food and Drug Administration (FDA) has …
McGriff has launched a new product that gives freight brokers the ability to purchase excess auto liability coverage online. TripExcess is a per-shipment excess liability product that will allow shippers, 3PL/brokers and motor carriers to maintain a required $2 million …
Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Hunt Jorgensen LLC, a managing general underwriter specializing in professional liability insurance and related risk management services. Hunt Jorgensen LLC is headquartered in Maywood, …
Worldwide Facilities, LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Clearwater Underwriters, Inc., a surplus lines MGA based in Clearwater, Fla. Clearwater Underwriters was established in 1991 to provide a market for retail agents …
Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …
Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program manager, has acquired Strategic Underwriting Solutions LLC (SUS), a full service medical stop-loss focused managing general underwriter based in Green Bay, Wisconsin. The acquisition marks Worldwide Facilities’ …
