Cannabis Insurance Blog
Searching Social Media During Hiring Process
If you are hiring, you should not overlook the importance of vetting prospective employees through social networking sites such as Facebook and LinkedIn. A recent survey by CareerBuilder found that 70% of hiring managers said they had used Facebook or other social...
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Your Protection Against Employee Lawsuits
Every Employer, no matter how small, faces the specter of being sued by a past, present or prospective employee at some time. Such employment practices claims are widespread – so much so that most businesses are much more likely to have an employment practices...
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Protecting Your Firm as an Additional Insured
In the course of doing business, you may sometimes find yourself entering into contracts requiring that your business be named as an additional insured on another party’s insurance policies. This is often done to make sure that your own insurance is not depleted by...
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Deadlines Loom for Hemp Crop Insurance Programs
THE U.S. Department of Agriculturehas launched the Multi-Peril Crop Insurance Pilot Program for hemp producers, and has also opened up the Noninsured Crop Disaster Assistance Program for hemp growers. The MPCI pilot insurance program will be available to farmers in 21...
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Car Crashes a Leading Cause of High-Cost Claims
TRAFFIC ACCIDENTS continue to be one of the leading causes of high-severity workers’ comp claims, according to research. The National Council on Compensation Insurance found in a study that the cost of workers’ comp claims for accidents involving motor vehicles was...
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Several States Could Legalize Marijuana
THIS YEAR is shaping up to see a number of states legalizing cannabis sales to some degree, either for medicinal use or recreational use. Marijuana Business Daily reported that the chances are good that at least eight states could either legalize marijuana for adult...
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Top New Laws and Regs Affecting Businesses
THE NEW decade starting off with a tsunami of new laws and regulations that affect California businesses. Companies operating in California will have to be prepared for significant changes or open themselves up to potential litigation, fines and other risks. Here’s...
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Preparing for Commercial Insurance Hikes in 2020
With 2020 in full swing, the year looks to present a sizable challenge – commercial insurance hikes across most lines of insurance. According to insurance broker Willis Towers Watson’s 2020 Insurance Marketplace Realities, business owners should prepare themselves to...
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California Cannabis Tax Will Increase Jan. 1, 2020
On New Year’s Day, 2020, state taxes on legal marijuana will increase both at the retail and wholesale levels, the California Department of Tax and Fee Administration has announced. The marijuana mark-up rate from wholesale to retail has been set at 80% as of Jan. 1,...
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