A Denver, Colo. lawyer has lost her liability insurance because part of her practice involves representing medical-marijuana businesses.
The Denver Post reported the Hanover Insurance Group told Ann Toney it wouldn’t renew her malpractice coverage. It sent a notice saying Toney’s practice doesn’t meet current underwriting guidelines because she has an area of practice involving medical marijuana, which it said was a risk factor.
Toney says she makes sure her clients comply with Colorado’s medical-marijuana laws but that she also advises that marijuana sales remain illegal federally.
Allen St. Pierre is the executive director of the National Organization for the Reform of Marijuana Laws. He told the Denver Post he knows of no other lawyer to lose insurance because of work with medical-marijuana businesses.
Topics Cannabis
Was this article valuable?
Here are more articles you may enjoy.
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 
Chubb CEO Greenberg on Personal Insurance Affordability and Data Centers 
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme 
GEICO Settles Call-Center Worker Suits for $940,000; Attorneys Get Half From This Issue
