Cannabis Insurance
Rising Break-Ins in Los Angeles: How Small Businesses Can Protect Themselves
Rising Break-Ins in Los Angeles: How Small Businesses Can Protect Themselves Los Angeles has recently seen a troubling surge in break-ins targeting small businesses, leaving owners facing significant financial burdens and security concerns. From West Hollywood to South Los Angeles, these incidents have become increasingly frequent, underscoring the need for better security, awareness, and…
Read MoreWhat Happens to Your Insurance Policy After a Fire?
What Happens to Your Insurance Policy After a Fire? Tom B. who lost his building in Altadena during the Eaton Fire, he was left with a big question: What happens to his business insurance policy now that his building is gone? Tom B. who was insured with State Farm for decades, called his agent as…
Read MoreAI, Cyberattacks & Extreme Weather: Top Insurance Risks for 2025
AI, Cyberattacks & Extreme Weather: Top Insurance Risks for 2025 A new risk forecast from global insurance law firm Kennedys highlights AI adoption, cyberattacks, and extreme weather as the top risks impacting insurance markets in 2025. The survey, conducted across 17 countries, also flagged geopolitical instability, economic volatility, and social inflation** as major concerns. AI…
Read MoreCybersecurity Tools You Should Be Using Right Now
Cybersecurity Tools You Should Be Using Right Now Let’s be honest—cyber threats aren’t going anywhere. If anything, hackers are getting smarter, and businesses (yes, even small ones!) are prime targets. Whether you’re running a food truck, managing a growing business, or just handling personal data, cybersecurity should be a top priority. But with so…
Read MoreInsurance Payouts for LA Wildfires Exceed $4 Billion—And Rising
Insurance Payouts for LA Wildfires Exceed $4 Billion—And Rising Preliminary data show that insurance companies have already paid over $4.2 billion in claims for the Los Angeles wildfires, with total insured losses potentially reaching $40 billion. The California Department of Insurance (CDI) reported that over 31,000 claims have been filed for home, business, and…
Read MoreDEA Delays Hinder Medical Cannabis Progress
DEA Delays Hinder Medical Cannabis Progress MMJ International Holdings is leading efforts in marijuana-derived pharmaceuticals for Huntington’s disease and multiple sclerosis, with FDA support. However, the DEA’s prolonged delays in processing cultivation applications have become a major hurdle. Regulatory Roadblocks Despite federal mandates to expand cannabis research, DEA senior policy adviser Matthew J. Strait has…
Read MoreWhat Is a Non-Admitted Policy?
Non-admitted insurance can seem a little intimidating at first, but it’s not as scary as it might sound online. It’s really just a different type of policy, and whether it’s a good fit for you depends on your situation. Here’s the scoop in plain English: What Is a Non-Admitted Policy? It’s a policy from an…
Read MoreDermatological Drugs Dominate California Workers’ Compensation Spending
Dermatological Drugs Dominate California Workers’ Compensation Spending Dermatological drugs, including several high-priced, private-label medications, now account for the largest share of drug spending in California’s workers’ compensation system, according to a new report from the California Workers’ Compensation Institute (CWCI). CWCI’s latest analysis highlights recent trends in drug prescriptions for injured workers in the state,…
Read MoreStiiizy Data Breach: What Cannabis Businesses Can Learn About Cybersecurity
Stiiizy Data Breach: What Cannabis Businesses Can Learn About Cybersecurity In a concerning reminder of the increasing threat of cyberattacks on the cannabis industry, Los Angeles-based cannabis operator Stiiizy reported a data breach that occurred between October 10 and November 10, 2024. The breach compromised customer data from four California retail locations: Stiiizy Alameda:…
Read MoreWhy Every Business Needs Commercial Auto Insurance
Why Every Business Needs Commercial Auto Insurance When it comes to running a successful business, protecting your assets is key. If your company uses vehicles for operations—whether for deliveries, transporting goods, or as mobile workplaces—you need commercial auto insurance. Here’s why: 1. Protect Your Business’s Bottom Line Accidents happen. Without the right coverage, repair costs,…
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