MJ Hall launches admitted cannabis management liability in California and Arizona

San Francisco-based insurance broker M.J. Hall & Company is now offering directors and officers liability, employment liability practices and fiduciary liability insurance coverages to cannabis companies and their executives through an admitted product in California and Arizona.

The product, Execprotect, aims to provide comprehensive management liability coverage for directors and officers of cannabis businesses. Execprotect is available in all US states where cannabis is legal and is offered on an admitted basis in California and Arizona. Privately held companies with revenues of less than $1 billion, fewer than 1,000 employees and risks domiciled within the US may be eligible for coverage, including startups and new ventures. The product offers limits up to $3 million for qualifying risks.