Finding the right insurance policy for cannabis cultivators is imperative to ensure compliance with state laws and ensure ideal business practices. The laws can be confusing with many grey areas since, on a federal level, cannabis is still considered illegal. Insurance is one requirement that many …
Business Insurance
Do Cannabis Cultivators Need Insurance?
It was only a short time ago that Michigan voters voted to legalize the use of recreational marijuana. Retail dispensaries started opening up in December 2019, about a year after marijuana was legalized in November 2018. The economic benefits of these actions are expected to produce sales of $3 …
What Does D&O Insurance Cover In The Entertainment Industry?
Private production companies are usually small when compared to Warner Bros or Sony Pictures, but this doesn’t prevent the management team from being equally exposed to potential liabilities. Production companies without D&O insurance could find themselves in a difficult position at a time when …
What is D&O Insurance?
As a director or officer of an organization, there is always the possibility of becoming the target of a lawsuit because of actions taken in connection with the business. Directors and Officers (D&O) liability insurance is a type of liability insurance meant to protect individuals from suffering …
What Does Errors And Omissions Insurance Cover?
Good business practices can significantly reduce the risk of lawsuits from customers and clients, but oftentimes legal issues arise regardless of how careful a company is. For example, a business that offers software as a service (SaaS) might be sued by a client if they have issues using the …
How to Protect Your Business from Credit Card Skimming
It would be difficult for any business to succeed today without accepting credit cards. They are the default method of payment for almost anyone, and businesses that still operate on a cash-only basis are a rarity. Unfortunately, for all the convenience that credit cards bring, they can also pose …