The legal cannabis industry in the U.S. is growing at an unprecedented rate and is projected to reach $73.6 billion by 2027. While federal law still classifies marijuana as a Schedule I drug, many states have legalized both...more
7/14/2021
/ Auto Insurance ,
Cannabis-Related Businesses (CRBs) ,
Commercial General Liability Policies ,
Crime Insurance Policies ,
Cyber Insurance ,
Delivery Drivers ,
Insurance Industry ,
Liability Insurance ,
Marijuana ,
Medical Marijuana ,
Property Insurance ,
Recreational Use
In a previous post, we addressed blanket additional insured endorsements and the role they play in passing insurance obligations downstream. In short, the purpose of a “blanket” endorsement is to grant additional insured...more
Rep and Warranty Insurance (RWI) generally provides coverage for financial losses resulting from breaches of representations and warranties made by target companies or sellers in company purchase agreements. Like all...more
The digitization of business is in high gear. Although some sectors have embraced this change, others, including the insurance industry, have been slower to implement advances. While we’ve previously addressed insurance...more
Cannabis is now fully legal in ten states plus the District of Columbia, and medical marijuana is legal in 23 states. Despite growing acceptance among states, cannabis remains illegal federally under the Controlled Substances...more
4/18/2019
/ Commercial Insurance Policies ,
Controlled Substances Act ,
Decriminalization of Marijuana ,
Dietary Supplements ,
Dispensaries ,
Food and Drug Administration (FDA) ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Nutritional Supplements ,
Product Defects ,
Product Recalls ,
Self-Regulatory Organizations
Expanding the Boundaries of Coverage in the Face of Evolving Risks -
Advances in technology, social change, new regulations—developments like these challenge companies’ risk-mitigation efforts and insurance programs. As the...more
9/6/2018
/ #MeToo ,
Arbitration ,
Artificial Intelligence ,
Construction Industry ,
Cyber Insurance ,
Cybersecurity ,
Data Protection ,
Employer Liability Issues ,
EU ,
General Data Protection Regulation (GDPR) ,
Insurance Industry ,
Policy Terms ,
Popular ,
Property Damage ,
Sexual Harassment ,
Transportation Industry
Artificial Intelligence (AI) is a hot topic in industries from manufacturing to the medical profession. Developments in the last ten years have delivered AI technology, once a fiction reserved for the movies, to private...more
4/3/2018
/ Artificial Intelligence ,
Automation Systems ,
Cyber Insurance ,
Cybersecurity ,
Driverless Cars ,
Errors and Omissions Policy ,
Insurance Industry ,
Liability Insurance ,
Manufacturers ,
Policy Terms ,
Popular ,
Robotics ,
Technology Sector
Some guiding principles, taken from decades of experience representing insurance policyholders in California and around the globe -
The Wine Country fires, and the uncertainty of their cause, may complicate insurance...more
10/20/2017
/ Business Interruption ,
Commercial Insurance Policies ,
Critical Infrastructure Sectors ,
Crop Insurance ,
Distributors ,
Documentation ,
FEMA ,
Homeowner's Insurance ,
Insurance Industry ,
Natural Disasters ,
Nonprofits ,
Notice Requirements ,
Tourism ,
Wildfires ,
Wineries
In a decision released on January 7, 2016, Retail Digital Network LLC v. Jacob Appelsmith, the U. S. Court of Appeals for the Ninth Circuit overturned 29-year-old precedent set in Actmedia Inc. v. Stroh, which held that those...more
Interest in, and consumption of, hard cider is on an upswing in the United States. The hard cider market grew by 71 percent in 2014 with total cider sales jumping from just $78 million in 2011 to $470 million for the 52 weeks...more
On January 12, 2015, President Obama signed into law H.R. 26, the Terrorism Risk Insurance Program Reauthorization Act of 2015 (TRIPRA of 2015), providing a federal backstop for insurance against risks of terrorism. TRIPRA...more