Erich Bublitz, vice president and cannabis product leader, Admiral Insurance Group, said conflicts between state and federal laws mean that insurance and reinsurance are barred from interstate commerce regarding cannabis.
Register to be notified of new AM BestTV episodes.
Sign Up for AM Best TV Alerts
Risk Strategies' Power: Current Rate Environment Helps Foster M&A
RMS' DeCicco: Insurers Gaining Ground on Underwriting Flood, Wildfire
CFC's Catchpole: Social Media, Supply Chain Raise Stakes for Product Recall
RSG's Ryan: Today's Market Differs From Other Disruptive Periods
Lloyd's Watkins: Forthcoming Blueprint Outlines the Market's Future
Admiral's Bublitz: Cannabis Limited to Single-State Coverage
H.W. Kaufman CEO on Talent: 'Everybody Is Taking From Somebody Else'
Axa XL's Burnett: The Biggest Emerging Risk Is People
Hiscox' Rubin: Active Shooter Policies Respond Promptly
Northfield's Blecker: The Challenge Is to Thrive in an Opportune Market
Allied World's Broaddus: Activist Jurors Launch 'Nuclear Verdicts'
Liberty Mutual's Johnson: Casualty Losses Driven by Jurors' Largesse
E&S Crystal Ball: Higher Rates, More Risk Sharing, Social Inflation Ahead
Argo's Grose: Experience in Construction Sector a Model for Other Deployments
IronHealth's Dorneker: Growing Ranks of Insured Add Risks to US Hospitals
Munich Re Specialty's Kerner: Automation, AI Giving Underwriters Broader View
Aspen's Alexandru: Recall Risks Extend Beyond the Product
Thriving Wholesale, Specialty Sectors Draw Insurers to WSIA Event
Axa XL's O'Malley: Shifting Renewal Landscape Opens Doors
AM Best's Blades: Surplus Lines Growth Outpaces Commercial Sector
WSIA's Kelley: Key Issues Include Flood Coverage, TRIA and NARAB
WSIA's Joel Cavaness: Changing Rates, Limits Add to Business Complexity