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The Impact Of State-Level Legalization of Marijuana on the Insurance Industry - Insurance Coverage

Insurance Coverage


Posted on: Nov 14, 2019

From Insurance Journal:

The changing legal status of marijuana in the U.S. is prompting insurers to begin offering coverages, despite having extremely limited loss data to inform them.

While marijuana remains illegal at the federal level, action is being taken on the state level to change laws on its consumption. More than half of U.S. states and the District of Columbia have legalized the use of medical marijuana and many of those now also allow the use of recreational marijuana.

Read more.

This article was submitted by Georgianna Tutwiler, Hume Smith Geddes Green & Simmons LLP. If you would like to submit content or write an article for the Insurance Coverage Section, please email Kara Sikorski at ksikorski@indybar.org.

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