Insurers Disagree on Marijuana Loss Claims
The property-casualty insurance industry reflects the greatdivide in the United States over the issue of marijuana used formedicinal purposes.
Kip Diggs, a spokesperson for State Farm, acknowledged that hiscompany had been paying claims under homeowners policies inCalifornia for lost, stolen or destroyed marijuana used formedicinal purposes. Mr. Diggs said the reason for the payments wasthat “there had been some sort of legal basis for people to possessmarijuana for medicinal purposes.”
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