New Jersey A1115 creates protections for insurers and insurance producers engaging in business with cannabis-related businesses.
New Jersey A1115 creates protections for insurers and insurance producers engaging in business with cannabis-related businesses. The bill prohibits state and local government agencies from discouraging insurers from engaging in insurance business with cannabis-related businesses. It also shields insurers and their officers, directors, and employees from liability for engaging in insurance business with cannabis-related businesses or investing income derived from such business.
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