business insurance News

Expert: Sophisticated Cannabis Operations Want Higher Limits, Customizations

Erich Bublitz has seen a significant transformation in his clients’ needs in just a year. Increasingly cannabis businesses are coming to him seeking higher limits, and more policy customizations, as their operations develop and become sophisticated and new needs evolve. …

New Medical Marijuana Clinic Opening in Louisiana

A new medical marijuana health clinic is opening in northwest Louisiana. News outlets reported the Total Health Clinic was opening in Bossier City this week. Dr. Chad Rossitter, an internal medicine doctor in Acadiana, said he became interested in marijuana …

Oregon Marijuana Growers Turning to Hemp as CBD Extract Explodes

A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet, one that doesn’t come with a high. Applications for state licenses …

Filling Approved for First Admitted Insurer in California to Sell Cannabis Insurance

The California insurance commissioner has approved the first filing by an admitted commercial insurance company to sell cannabis business insurance. Insurance Commissioner Dave Jones on Thursday announced the approved filing from Golden Bear Insurance Co. “This is the first of …

Warrant Issued For Illinois Man Accused of Burning Down Business for Insurance

Authorities in central Illinois have issued an arrest warrant for a businessman they allege burned down his auto and tire shop last year. The State Journal-Register in Springfield reported the Montgomery County Sheriff’s Department has issued an arrest warrant on …

Washington Nightclub Claims Racial Prejudice in $22.5M Suit

The city of Vancouver and others successfully conspired to close a nightclub because of racial prejudice, the owners of the club say in a $22.5 million lawsuit. The owners of Q Nightclub and Lounge say efforts by the city and …

Crain Shutters Business Insurance Publication to Focus on Markets with ‘Proven Growth Potential’

Business Insurance – a well-known industry publication for 49 years, has been abruptly shut down by parent company Crain Communications. The final issue of Business Insurance came out on Aug. 1. The publication’s website, its businessinsurance.com, and the Business Insurance …

Atlas General Insurance Services, LLC Named in Business Insurance’s Annual Best Places to Work in Insurance

San Diego, CA, November 18, 2015 – Atlas General Insurance Services (atlas.us.com) announced today that it has been ranked as #16 in the small employer group category with the annual Best Places to Work in Insurance program. This program recognizes …

RLI Launches Reps & Warranties Liability Policy

RLI Insurance Co.’s Executive Products Group has created a new Representations and Warranties Liability Insurance policy. RLI’s new Representations and Warranties Liability policy offers protection to buyers and sellers involved in corporate mergers and acquisitions from financial losses due to …

CNA Enhances General Liability Coverage for CNA Paramount

CNA has enhanced package policy for mid-sized businesses, CNA Paramount, to offer broader, more flexible, proprietary general liability coverage. The new enhancement includes industry-specific general liability extension endorsements (GLEEs). Through these industry-specific GLEEs and CNA Paramount’s modular structure, agents can …