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Webcast

We Call it Cannabis Now


Total Credits: 2 including 2 CE Credits

Average Rating:
   10
Category:
Commercial Lines
Faculty:
Richard Pitts
Duration:
2 Hours
License:
Access for 30 day(s) after program date.

Dates


Description

This class is designed to be an introduction to the insurance issues related to national changes in marijuana possession and use laws.  The course has a particular emphasis on examining the commercial risks, but also addresses the personal lines or / homeowner’s insurance issues.  Also, while the first part of the course is an examination of the ways in which law and risks are changing, part of the second portion of the course is an interactive, case-study examination of the coverage issues that already exist and have been decided in other states.

The chief objective of the course is to have students gain a wide-ranging sensitivity for the issues they might encounter if asked to insure a dispensary (or a home-grower, too).  A secondary objective is to bring people up-to-date on state and federal treatment of marijuana and allied products.  Another secondary objective is to have insurance personnel become sensitive to the coverage issues which may arise connected to marijuana, especially in the situations in which the risk has not been thoroughly previewed and underwritten before the loss.
 

Basic Course Information

Learning Objectives
  • A few words about the present cannabis market
  • Historical Development
  • Federal law: the Cole memos and withdrawal
  • States begin legalization
  • State regulatory systems    
  • The present state of the law and the impact on insurance and banking
  • The Commercial Property and General Liability forms and their coverage for retail operations    
  • Case Study: Green Earth v. Atain Specialty (D.Col. 2015)        
  • Underwriting worker’s compensation for workers within the industry    
  • The impact of marijuana on coverage for workers in general – is it a disqualifying event?        
  • Is usage protected under federal or state law (if at all)?    
  • Drug testing in general     
  • The EPLI marketplace response    

Major Subjects
  • Section One – What is the Legal and Regulatory Environment?
  • Section Two – Commercial Property and Liability Considerations
  • Section Three – Worker’s Compensation and Cannabis
  • Section Four – Employment Practices Considerations Generally
  • Section Five – Products Recall / Health Issues and Vaping
  • Section Six – The Homeowner’s Policy and the Industry’s treatment

Course Materials

Faculty

Richard Pitts's Profile

Richard Pitts Related seminars and products

Vice President and General Counsel

Arlington Roe


Richard S. Pitts is a private practice attorney in the insurance industry.  Rick serves as Vice-President and General Counsel to Arlington/Roe & Co., Inc., an insurance brokerage and managing general agent headquartered in Indianapolis.  Rick also serves as general counsel to the Independent Insurance Agents of Indiana, Inc., as well as its sister organization in Kentucky.  Rick speaks annually at the “Roadshows” in Kentucky and Indiana’s Agency Compliance Seminars and presents various seminars on insurance and employment related matters.  Pitts has also presented continuing education seminars to insurance professionals nationally through industry groups including the National Alliance for Insurance Education and Research.

 

Rick is a 1983 graduate of Wabash College and a 1986 graduate of Indiana University School of Law – Indianapolis.  Pitts clerked for the Honorable Patrick D. Sullivan, a judge of the Indiana Court of Appeals in 1986-87.  Rick is admitted to practice before Indiana state and federal courts, the United States Supreme Court and the United States Court of Appeals for the Seventh Circuit and is a member of local, state and national bar associations.  Pitts has tried multiple cases and participated in over seventy appeals.

 

Pitts is the recipient of the “Excellence in Continuing Legal Education Award” from the Indiana Continuing Legal Education Forum (ICLEF), having served as a panelist and lecturer on a variety of continuing education subjects.  Pitts has co-authored two articles appearing in the Indiana Law Review.       

 

rpitts@arlingtonroe.com


Dates

Thu, Sep 29, 2022 - 06:00am to 07:58am MST-Arizona
Mon, Oct 10, 2022 - 08:00am to 09:58am MST-Arizona
Thu, Oct 27, 2022 - 10:00am to 11:58am MST-Arizona
Mon, Nov 07, 2022 - 07:00am to 08:58am MST-Arizona
Tue, Nov 22, 2022 - 09:00am to 10:58am MST-Arizona
Fri, Dec 02, 2022 - 11:00am to 12:58pm MST-Arizona
Wed, Dec 21, 2022 - 07:00am to 08:58am MST-Arizona
Mon, Jan 09, 2023 - 09:00am to 10:58am MST-Arizona
Tue, Jan 24, 2023 - 11:00am to 12:58pm MST-Arizona
Tue, Feb 07, 2023 - 01:00pm to 02:58pm MST-Arizona
Thu, Feb 23, 2023 - 07:00am to 08:58am MST-Arizona
Fri, Mar 10, 2023 - 09:00am to 10:58am MST-Arizona
Wed, Mar 22, 2023 - 10:00am to 11:58am MST-Arizona
Tue, Apr 11, 2023 - 12:00pm to 01:58pm MST-Arizona
Wed, Apr 26, 2023 - 06:00am to 07:58am MST-Arizona
Thu, May 04, 2023 - 08:00am to 09:58am MST-Arizona
Fri, May 19, 2023 - 10:00am to 11:58am MST-Arizona
Tue, Jun 06, 2023 - 12:00pm to 01:58pm MST-Arizona
Fri, Jun 30, 2023 - 06:00am to 07:58am MST-Arizona
Thu, Jul 06, 2023 - 08:00am to 09:58am MST-Arizona
Wed, Jul 26, 2023 - 10:00am to 11:58am MST-Arizona
Tue, Aug 01, 2023 - 12:00pm to 01:58pm MST-Arizona
Thu, Aug 24, 2023 - 06:00am to 07:58am MST-Arizona
Mon, Sep 11, 2023 - 08:00am to 09:58am MST-Arizona
Fri, Sep 22, 2023 - 10:00am to 11:58am MST-Arizona
Tue, Oct 03, 2023 - 12:00pm to 01:58pm MST-Arizona
Fri, Oct 27, 2023 - 06:00am to 07:58am MST-Arizona
Wed, Nov 01, 2023 - 08:00am to 09:58am MST-Arizona
Mon, Nov 27, 2023 - 11:00am to 12:58pm MST-Arizona
Mon, Dec 04, 2023 - 01:00pm to 02:58pm MST-Arizona
Tue, Dec 19, 2023 - 07:00am to 08:58am MST-Arizona

State Specific Details

Basic Course Information

Designed For Insurance Agents

Promo Video

Reviews

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Overall:      4.8

Total Reviews: 10

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