Paul White (Partner-Los Angeles) and Shannon Santos (Of Counsel-Los Angeles) collaborated on “Legal Tokes Betoken Weeding of Insurance Regs … and More,” the cover story for the March 25, 2019, issue of Insurance Advocate.  “The ultimate arbiter of the scope of insurance coverage for cannabis is the judicial system,” the authors say. The courts interpret policies, providing guidance to insurers and policyholders on the scope and limitations of coverage and allowing them to assess risk and identify needs going forward. “While property and liability policies differ in their insuring clauses, conditions, and exclusions,” they add, “there is overlap on some issues. Insurers also are likely to draft language that addresses risks unique to the industry for future policies that cross insurance product lines.” The article also includes a series of cases that highlight several issues peculiar to the cannabis world. 

Read the Article.