Monarch E&S Insurance Services has a new medical marijuana program available to California and Hawaii agents.
This program for medical marijuana dispensaries is offering a package, property and general liability coverages, and can include limited theft coverage on stock/inventory.
Property limits up to $2 million are available and the general liability is written on an occurrence form. Medical marijuana growers may fit into this program as well.
The medical marijuana industry is booming in California, with estimates that the state now has 1,000 or more dispensaries.
Source: Monarch E&S
Topics California Excess Surplus Cannabis
Was this article valuable?
Here are more articles you may enjoy.
Pierce Named CEO of GEICO as Combs Resigns 
Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think 
Acrisure CEO Greg Williams Makes $400M Commitment to Michigan State University 
Death of Teenager on Carnival Cruise Ship Ruled a Homicide 
