Feds Couldn’t Punish Insurance Companies For Covering Marijuana Businesses Under New Bipartisan Senate Bill
Senators Kevin Cramer (R-ND) and Ruben Gallego (D-AZ) introduced the bipartisan Clarifying Law Around Insurance of Marijuana (CLAIM) Act, which would provide legal protection to insurance companies, brokers, and agents who offer coverage to state-legal cannabis businesses. The legislation aims to create a safe harbor preventing federal agencies from penalizing insurers for serving the cannabis industry.
Filed under Legislation in THC Minnesota's coverage of Minnesota's cannabis and hemp market.
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