CannaBOP News

AAIS Gets Insurance Department Approval for CannaBOP in Colorado

The American Association of Insurance Services has received approval for its cannabis businessowners policy (CannaBOP) program from the Colorado Department of Insurance. AAIS announced it filed for approval of the program in Colorado earlier this month. AAIS first introduced CannaBOP …

California’s First Cannabis Business Owners Policy Approved

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 …

Admitted Carriers, CanaBOP Coming to California’s Cannabis Industry

The first admitted insurance carrier has filed to provide coverage to California’s legal cannabis industry and several more carriers have stated their intent to file products, according to state Insurance Commissioner Dave Jones. It also appears that standardized insurance forms …