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Cannabis Insurance (C) Working Group

2022 Membership

2022 Adopted Charges

The Cannabis Insurance (C) Working Group will:

  1. Assess and periodically report on the status of federal legislation that would protect financial institutions from liability associated with providing services to cannabis businesses operating legally under state law.
  2. Encourage admitted insurers to ensure coverage adequacy in states where cannabis, including hemp, is legal.
  3. Provide insurance resources to stakeholders and keep up with new products and innovative ideas that may shape insurance in this space.
  4. Develop an appendix to the Understanding the Market for Cannabis Insurance white paper providing updated information on cannabis-related insurance issues for adoption by the 2022 Summer National Meeting.
  5. Collaborate with the Producer Licensing (D) Task Force to study, in states where cannabis is legalized for medical and/or recreational use, whether cannabis-related convictions are preventing individuals from being licensed as an agent or broker. 

NAIC Support Staff: Anne Obersteadt/Aaron Brandenburg

Cannabis Ins WG Call 220324

Public Webex Meeting
Thursday, March 24, 2022
12:00 PM ET, 11:00 AM CT, 10:00 AM MT, 9:00 AM PT
Expected Length of Call: 1 hr
Webex Link

Meeting in lieu of the Spring National Meeting to hear presentations on trends in the cannabis space, including in emerging products, issues, availability, and affordability. There will also be an update on the white paper drafting and discussion of the 2022 work plan.


Related NAIC Publications

Contacts

Media Inquiries
(816) 783-8909
news@naic.org


Anne Obersteadt
Regulatory Research Specialist
Phone: 816-783-8225

Aaron Brandenburg
Assistant Director - Data Collection and Statistical Analysis
Phone: 816-783-8271

Please see the current Committee List for a complete list of committee members.