Leech Tishman Partner Interviewed Regarding Insurance Policy Exclusions in the Cannabis Industry
Leech Tishman Partner Michael Sampson, chair of Leech Tishman’s Insurance Coverage Practice Group and co-chair of the firm’s Cannabis Group, was recently a guest on the “Insuring Cannabis Podcast with Don Jergler,” sponsored by the Insurance Journal.
The podcast episode, titled “Most Cannabis Businesses Have Policies With Concerning Exclusions” explored “how many cannabis companies have exclusions in their policies that leave these businesses far more exposed than they realized.” During the podcast, Sampson, Jergler, and others discussed some of the troubling exclusions that may appear in commercial general liability, directors and officers’, and other insurance policies.
“It is always great to talk with Don,” Sampson said. “He really knows his stuff and gets right to the heart of the matter. Here, it is so important for a cannabis business to understand what coverage it is getting and what coverage it may not be getting when it purchases an insurance policy. Policy exclusions are a huge part of that analysis, and they must be reviewed and analyzed carefully.”
The podcast episode can be accessed here: https://www.insurancejournal.tv/videos/18459/.