Beyond the Smoke and Mirrors of Cannabis Insurance: What Policyholders Need to Know

(150 Ratings)

Produced on: December 08, 2017

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 64 minutes
Difficulty Intermediate

As the legal and regulatory landscape surrounding marijuana in this country continues to evolve, so too have the insurance coverage needs and challenges faced by the legal marijuana industry. Direct players in this space, such as grow operations, edibles manufacturers, and dispensaries, as well as indirect participants such as healthcare providers and investors, must be mindful of numerous insurance issues unique to the legal cannabis market. Traditional insurance policies may not provide sufficient coverage due to marijuana’s continued illegality at the federal level. Specialized insurance products exist, but they are largely untested and may be subject to the same pitfall.

This course, presented by Benjamin D. Tievsky of Pillsbury Winthrop Shaw Pittman LLP’s policyholder-side Insurance Recovery & Advisory Group, will introduce the audience to insurance coverage issues faced by the legal marijuana industry and offer practical guidance for navigating these relatively uncharted waters.


Learning Objectives:

  1. Identify potentially insurable risks faced by legal marijuana businesses
  2. Discuss the types of insurance policies that may respond to such risks
  3. Survey recent developments in applicable case law
  4. Review practical pointers for negotiating insurance policies to cover cannabis-related risk

Faculty

Benjamin Tievsky

Pillsbury Winthrop Shaw Pittman LLP

Benjamin D. Tievsky is a litigation associate located in the firm’s New York office and is a member of the Insurance Recovery and Advisory group. He represents policyholders exclusively in insurance coverage matters involving general and excess liability, cyber exposures, environmental liabilities, director and officer claims, and first party losses involving property damage and business interruption.

Mr. Tievsky has represented insureds in an array of industries, including public utilities and companies in the natural resources, pharmaceutical, transportation, entertainment and technology spaces. Among other types of claims, he has helped policyholders obtain coverage for federal- and state-mandated environmental investigation and remediation. He also has significant data breach counseling experience, assisting victims of cyber-attacks in all aspects of claim-building, negotiation and, when necessary, litigation.

Previously, Mr. Tievsky was an associate in the insurance practice group at a large firm in New York. Earlier in his career, he was an associate at a large firm where his practice focused on complex commercial litigation and securities litigation and enforcement.

Prior to law school, Mr. Tievsky pursued doctoral studies in Jewish and Greco-Roman law in late antiquity.

Reviews

KS
Kevin S.

Cool thank you

GP
G. Christine P.

I love that Lawline chose to tackle an unusual topic like this. This is one reason I subscribe -- local CLEs don't cover interesting, off-the-beaten-path legal topics. And insurance is becoming more and more complex and, so, more and more important for lawyers to understand.

DG
David G.

Thank you

AB
Amy B.

Liked speaker. This area of law is new and controversial. He had the right tone and humor for discussing!

TB
Teresa B.

That was really fun for a square (1970's definition) like me!

AF
Amy F.

very knowledgeable on the subject

CT
Christina T.

Very interesting topic and well presented

CR
christopher r.

Made insurance actually interesting.

DK
Derek K.

Very interesting and informative presentation. Many thanks.

HT
Holly T.

Great presenter!!

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$59

$ 59 Insurance Law, Health Care Law, and Food, Beverage, & Agriculture In Stock

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