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Ohio Congressman Backs Cannabis Insurance Bill as Industry Groups Endorse Federal Protections
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Insurance Industry Cheers “Clarifying Law Around Insurance of Marijuana” Act - Shanken News Daily
The insurance industry has signaled its support for a new law that would open state-licensed insurance companies to the cannabis industry. The bill—the Clarifying Law Around Insurance of Marijuana, or Claim, Act—was introduced by Representatives Nydia Velázquez, D-N.Y., and Warren … Continue reading →
Ohio Congressman Backs Cannabis Insurance Bill as Industry Groups Endorse Federal Protections
The CLAIM Act would shield insurers serving state-legal marijuana businesses from certain federal penalties. Michigan and Ohio operators would still have to find insurers willing to cover them. LANSING — Nine insurance industry groups have endorsed a bipartisan bill that could make it easier for insurers to serve cannabis businesses in Michigan, Ohio and other
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