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Last fall, ALM launched the Cannabis Insurance Coverage Specialist (CICS) designation for companies serving cannabis-touching businesses. The designation focuses on issues involving real estate, risk management, medical and health concerns, workers' compensation and employment, financial services and legal matters.

The latest course in the designation involves handling cannabis-related claims. Since cannabis is still considered a Schedule 1 drug by the federal government, it creates a level of complexity for insurers providing coverage for cultivators, processors, and dispensaries, as well as for the resulting insurance claims.

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Patricia L. Harman

Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]