Insurance Journal

??? https://lnkd.in/dAprwki ?? Don't miss out on the annual Insuring Cannabis Summit this Tuesday, September 17th! Join top industry leaders and experts as they explore the future of cannabis insurance. ???? Here's what's waiting for you: ?? Immerse yourself in the world of cannabis insurance with insights from top industry innovators. ?? Stay updated on current trends shaping the future of cannabis, hemp, and CBD insurance. ??? Hear from top industry leaders about the growing legalized cannabis market. ?? Learn the latest on new laws, regulations, underwriting concerns, and key insurance markets and coverages for cannabis and hemp. ?? Explore the market's new potential in sales, data, consumer intelligence, compliance, and risk management assessments. ??? Gain insights into niche areas such as foods and beverages, lounges, and minor cannabinoids. ?? Discover new insurance products tailored for the cannabis and hemp industry. Secure your spot and be part of the conversation. ???? https://lnkd.in/dAprwki A special thanks to our sponsors: Cannasure Insurance Services, a subsidiary of One80 Intermediaries, Jencap, CannGen Insurance Services, LLC, and Blitz Insurance Group! Hosted by Don Jergler, Andrea Wells, and Allen Laman. Featuring panelists: Charles Pyfrom, MBA, Jim McErlean, Lee Woodruff, Benjamin Sibthorpe, Shauna Blackburn, Norman Ives, Morgan Fox , TJ Frost, Cooper O'Connor, Jesse Parenti, Summer Jenkins-Wilson, CLCS, Michael Kirk, Ed Allen, Alan Fiano, MBA, and Al Ochosa. #CannabisInsurance #InsuringCannabisSummit

Five professional models who sued long after a state’s three year statute of limitations expired may pursue their defamation claims against an adult entertainment nightclub for posting their images to the giant social media site Facebook without their permission. However, the models must prove that they did not know and reasonably should not be expected to have known about the postings sooner than they did. https://lnkd.in/gr3H733b

An academic paper published in the Journal of Insurance Regulation seems to have rekindled the debate over how much of an impact litigation and fraud have had on property insurance losses and premiums, particularly in Florida. https://lnkd.in/gY7fEXK7

In Latest Salvo AIG Says its Former Execs at Dellwood Are ‘Bad Leavers’ https://lnkd.in/gpzZnU4s

Sentry Insurance said it is buying nonstandard auto insurer The General from American Family Insurance for about $1.7 billion to mark the largest acquisition in the company’s 120-year history. https://lnkd.in/gR_CPTY2

Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than US$100 million during 2023, according to Swiss Re executives. Social inflation in US rose to 7% in 2023 – a 20-year high – a situation that is being driven by litigation costs from mega-jury awards, said Dr. Jér?me Jean Haegeli, group chief economist, for Swiss Re. https://lnkd.in/gbQgGRYn

Our final panel of the 2024 Insuring Cannabis Summit covers "Cyber in Cannabis" with experts TJ Frost, Symphony Risk Solutions, Cooper O'Connor, Burns & Wilcox, Summer Jenkins-Wilson, CLCS, Cannabis Insurance Wholesalers and Alan Fiano, MBA, Crum & Forster. Don't miss this important discussion at 12 PM Pacific, next Tuesday, Sept 17. Big tech is moving into the cannabis space and generating the need for cyber coverage and services. Your panelists will talk about what's being purchased and what they are doing to keep the cyber policies rolling out the door. Secure your spot for this panel discussion today! ?? https://lnkd.in/dXA_5Q8 #cannabis #cybercoverage #cannabisinsurance

With elections on the horizon, an administration amenable to some form of descheduling, and several federal bills in play, we've asked a long-time marijuana policy wonk who's been in top political conversations to give us a lowdown on the path to federal legalization and a lay of the cannabis landscape in key states. The Insuring Cannabis Summit 2024 continues next Tuesday with an in-depth discussion - "What Do the Elections Mean for Cannabis?" with Morgan Fox, NORML and Allen Laman, Insurance Journal. Don't miss it at 11 AM Pacific, Sept 17. Save your spot today ?? https://lnkd.in/dXA_5Q8 #elections #cannabisinsurance #cannabisbusiness

Hawkins Inc., a chemical manufacturer based in Camanche, Iowa, will pay $51,158 in civil penalties and purchase equipment for local emergency responders to resolve alleged violations of the federal Resource Conservation and Recovery Act (RCRA https://lnkd.in/gnyRm2eu

The Roman Catholic Diocese of Norwich and its parishes, along with its insurer Catholic Mutual Relief Society of America, have filed a joint Chapter 11 plan of reorganization as the diocese seeks to emerge from bankruptcy. https://lnkd.in/g8FQw7Ec