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Every other federal appeals court to address the issue thus far has reached the same conclusion.
CBI claims present challenges because they involve damage outside the control of the insured and insurer.
Did COVID create "physical loss or damage" for businesses? The Maryland Court of Appeals is getting its chance to rule on the issue.
Baker Tilly's Simon Oddy breaks down what insurers should know about business interruption claims filed in the wake of Hurricane Ida & the pandemic.
A failure to establish direct physical loss led to the dismissals.
The ruling stems from three separate suits, two from the Western District of Pennsylvania and one from the District of New Jersey.
As big of a cash crop as hemp is, there are even bigger issues concerning getting the product to market to extract CBD.
The cannabis insurance market is yielding a new crop of opportunities for 2020 and beyond.
ISO released its first cannabis-related endorsements to the business owner form, including changes to property and liability coverage.
The SAFE Banking Act includes key provisions that protect insurance agents involved in servicing cannabis-related businesses.
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