The conflict between state and federal laws is keeping many mainline admitted insures from writing cannabis businesses. As a result, any new capacity coming into the market is from existing players and programs looking to expand. However, carriers are giving this sector a hard look, Amwins, Inc. reported. (Credit: Ian Miller/Adobe Stock) The conflict between state and federal laws is keeping many mainline admitted insures from writing cannabis businesses. As a result, any new capacity coming into the market is from existing players and programs looking to expand. However, carriers are giving this sector a hard look, Amwins, Inc. reported. (Credit: Ian Miller/Adobe Stock)

The battle is heating up to write property lines for well-run cannabis businesses with clean loss histories, which are seeing capacity increase, according to a report by Amwins, Inc. However, companies in this space with loss history or undesirable risk profiles are seeing rates grow, capacity tightening and additional exclusions.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

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