The Florida Legislature wrapped up its special session on property insurance reform yesterday, overwhelmingly passing legislation to reform the property insurance market and unanimously passing reforms to enhance the safety...more
On March 29, 2021, Florida Gov. Ron DeSantis signed the first bill of the 2021 Florida legislative session into law — Senate Bill 72 (SB 72) limiting civil liability against businesses for damages related to COVID-19. The...more
This article includes provisions that apply specifically to cultivation licenses.
Common Provisions -
Cultivators must obtain a cultivation license -
All licensing states require cultivators to obtain a license from the...more
In times of emergency, the functions of different levels of government can often become cloudy. Figuring out which governmental unit has the authority to take a particular action can be confusing at such times. While this...more
3/26/2020
/ Ad Valorem Tax ,
Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Emergency Management Plans ,
Florida ,
Government Agencies ,
Implied Authority ,
Jurisdiction ,
Leadership ,
Municipalities ,
Oversight Duties ,
State and Local Government
Adult-use marijuana has arrived in America. Eleven states and the District of Columbia have legalized the use of marijuana by adults without a prescription. While the legalization movement began in the American West, two of...more
2/20/2020
/ Agribusiness ,
Cannabis Products ,
Decriminalization of Marijuana ,
Dispensaries ,
Farms ,
Legislative Agendas ,
Licensing Rules ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Foods ,
Plant Based Products ,
Proposed Legislation ,
Recreational Use ,
Regulatory Oversight ,
Retailers ,
State and Local Government
This category includes provisions related to the creation or designation of a regulatory body to oversee the adult-use marijuana industry and the regulator's powers. Statutory provisions related to the following topics are...more
2/19/2020
/ Agribusiness ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Dispensaries ,
Environmental Policies ,
Licensing Rules ,
Marijuana ,
Marijuana Related Businesses ,
Medical Foods ,
Plant Based Products ,
Policies and Procedures ,
Recordkeeping Requirements ,
Recreational Use ,
Regulatory Oversight ,
Regulatory Requirements ,
State and Local Government
This week, the Florida First District Court of Appeal held that the vertical integration requirement of Florida’s medical marijuana licensing scheme contravenes the 2016 constitutional amendment passed by Florida voters to...more
7/11/2019
/ Appeals ,
Constitutional Challenges ,
Dispensaries ,
Florida ,
Licensing Rules ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
State and Local Government ,
State Constitutions ,
Vertical Integration
On the final day of regular time in this year's legislative session, which came in the wake of an election year involving an unprecedented three statewide recounts, the Florida Legislature passed Senate Bill 7066....more
With memories of dimpled chads and butterfly ballots coming to mind, Florida is facing the potential of statewide election recounts based on the current results of the 2018 general election....more
Effective July 24, 2018, New Mexico adopted the NAIC Credit for Reinsurance Model Regulation. New Mexico adopted the Model Rule as “part of a broad effort to modernize reinsurance regulation and to conform with the...more
We previously reported on the Texas Legislature’s passage in 2017 of Senate Bill 1070, which reduced collateral requirements for foreign reinsurers in order for domestic insurers to receive credit for the reinsurance on their...more
On May 8, 2018, the governor of Minnesota signed H.F. 3622, a bill implementing the 2011 NAIC Credit for Reinsurance Model Law and Regulations. The bill creates a new classification of reinsurer: the “certified reinsurer.” ...more
A choice of law provision within an arbitration agreement selecting Maryland law was held unenforceable in so far as it would result in waiver of claims under the California Private Attorneys General Act (PAGA), contrary to...more
New regulations relating to credit for reinsurance and term and universal life insurance reserve financing took effect in Wyoming on November 30, 2017. The regulations implement amendments to Wyoming statutes that took effect...more
Insurance regulators in Iowa and Virginia have adopted the NAIC’s Model Rules regulating term and universal life insurance reserve financing. The stated purpose of the rules is “to establish uniform, national standards...more
12/12/2017
/ Consumer Financial Products ,
Financing ,
Insurance Industry ,
Life Insurance ,
Model Rules ,
NAIC ,
New Regulations ,
Popular ,
Regulatory Standards ,
Reinsurance ,
State and Local Government