ALM Announces New Course on Understanding and Managing Cannabis Insurance Claims


NEW YORK, February 16, 2022 /PRNewswire/ — National Underwriter Company, an ALM Company, Launches Third in Six Course Series Designation of Cannabis Insurance Coverage Specialist (CICS), Understand and process cannabis insurance claims.

“We know that there are specific considerations involved in handling cannabis-related claims. With this course, we wanted to provide essential information for adjusters, as well as professionals insuring, representing or serving the cannabis industry. This deep dive into cannabis insurance claims also brings greater understanding to everyone involved, including growers, suppliers, manufacturers, dispensaries and others who are critical to this specialized industry,” notes Molly MillerALM Content Director.

Understanding and Processing Cannabis Insurance Claims provides cannabis adjusters, other insurance professionals and those involved in cannabis-related businesses with additional information on cannabis and hemp to help them understand coverages in relation to ISO product definitions , exclusions and exceptions. It starts with an overview of general claims before diving into the topics of cannabis-exclusive claims, including exclusions and documentation. The course then takes a much deeper look at the cannabis claims process for most major types of coverage, including auto, commercial general liability (CGL), workers’ compensation, and others. . The course concludes with a discussion of subrogation, fraud, and ethical issues that arise with the unique topic of cannabis claims coverages, as well as sample questions to assist an adjuster in a claim investigation. cannabis-related.

“National Underwriter’s Cannabis Claims Module is the foundation of this emerging market. The deep dive into policy language prompts insurers and agents to carefully consider what is covered and what is not,” says the subject matter expert, Chantal M. Roberts from CMR Consulting. “Without this fundamental and vital knowledge, insurance professionals would be unable to properly serve the cannabis and cannabis communities.”

Marijuana legalization is increasing across United States, and more and more organizations have ties to cannabis-related businesses, which have unique insurance and risk management needs. The avant-garde Cannabis Insurance Coverage Specialist (CICS) The designation is being developed by ALM’s subject matter experts and thought leaders in conjunction with several insurance, legal and cannabis industry authorities. The course is fresh off the presses, and it is being developed and updated to reflect the ever-changing cannabis industry.

In the same way Cannabis Insurance 101 and Cannabis Business Risk Management, this last lessonUnderstand and process cannabis insurance claims, is the next step towards Cannabis Insurance Coverage Specialist (CICS) designation, designed to help anyone understand the key business issues, risks and needs to successfully operate and advise a cannabis business.

To register for the course at the introductory price of $199 or to learn more, visit nutraining.com or contact Johanna AbshearCustomer Success Coordinator, by phone at 859-692-2131 or by email at [email protected].

About the ALM
ALM, a news media and intelligence company, provides clients with news, data, analytics, marketing solutions and critical events to successfully manage business operations. ALM serves a community of over 7 million professionals in the legal, finance, insurance and commercial real estate industries. Please visit www.alm.com for more information.

ALM media contact:
Johanna Abshear
859-692-2131
[email protected]

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