Top Tweets for #420InsuranceTweets
And that's a wrap on our emerging risks in cannabis chat! Thanks to our panel, and thanks to you for spending time with us! Follow #420InsuranceTweets to continue the conversation, and we'll chat again soon!
Q10. How are cannabis operations being impacted by emerging risks such as cyber? How are P&C insurers helping the industry manage these risks? #420InsuranceTweets
@PC_360 #420insurancetweets enhanced property policies (indoor crop/machinery, etc.), outdoor crop, stock throughput, enhanced crime, product recall, cyber. Higher excess liability, more overall capacity
Q9. What types of policies are most in demand? #420InsuranceTweets
@PC_360 3/3 The technology on this testing is ever-changing, but as far as I know they have yet to develop a test that can test the effect of cannabis as opposed to the mere presence of the drug in a person’s system. #420InsuranceTweets
Q7. A few states are starting to issue licenses for on-site consumption. What types of new risks do these types of operations pose? #420InsuranceTweets
@PC_360 #420insurancetweets CLAIMS act -- it outlines the clearest path forward for insurance carriers. However, it doesn't solve for the decriminalization of marijuana, which may ultimately make the CLAIMs act less impactful
Q1. A big concern when dealing with cannabis was the potential for product liability claims. Have these fears borne fruit and what is the current outlook for product liability claims? #420InsuranceTweets
Welcome to our #420InsuranceTweets chat! For the next hour, we've got a panel of experts to grapple with recent liability issues in the #cannabis space. Our chat begins in the next tweet with our first question ...
SAVE THE DATE! Our expert panel hashes out emerging cannabis risks in our #420InsuranceTweets Twitter chat!
“The lack of case law in this space is the definition of risk, and no insurers want to be the first to test the waters." - said cannabis attorney, @jonathan_bench during @PC_360's #420InsuranceTweets.
https://t.co/XnY1klXMk6
⚡️ “High Roads: A Twitter Chat”
Highlights from our #420InsuranceTweets chat on commercial auto risks and coverage for #cannabis businesses.
https://t.co/PE4nzGxAtq
With #cannabis finding a legal home in an increasing number of states, some people are beginning to worry whether their personal marijuana use may end up having repercussions on their #insurance policies.
#420InsuranceTweets #420day
https://t.co/llXsa3H5F6
And that's a wrap! Thanks to our panelists and all of you for joining us today! Use the hashtag #420InsuranceTweets to keep the conversation going and to revisit the chat—and for all those who celebrate, have a happy and safe 4/20!
@PC_360 I'm not sure who is most risk-averse: lawyers, accountants, or insurers... #420insurancetweets
@PC_360 It’s becoming less of an issue. Although carriers don’t always know how new states will play out many of them have 5+ years of data. As the industry ages and more data is available this issue will be less of a hurdle. #420InsuranceTweets
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