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Pat Speer can attest to the growing impact the legalization of cannabis, which includes both marijuana and hemp, is having on insurance.

"Cannabis is a sleeping giant," says Speer, a longtime insurance-industry journalist and communications specialist who was tapped to moderate a session on the topic during IASA 2019, held this year at the Phoenix Convention Center in June. "It will have a major impact, from a recreational and medicinal standpoint, on claims and underwriting across almost all lines of business."

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].