With respect to engaging in the business of insurance within a State, political subdivision of a State, or Indian country that allows the cultivation, production, manufacture, sale, transportation, display, dispensing, distribution, or purchase of cannabis pursuant to a law or regulation of such State, political subdivision, or Indian Tribe that has jurisdiction over the Indian country, as applicable, an insurer that engages in the business of insurance with a cannabis-related legitimate business or service provider or who otherwise engages with a person in a transaction permissible under State law related to cannabis, and the officers, directors, and employees of that insurer may not be held liable pursuant to any Federal law or regulation – Warren Davidson (R-Ohio) – provides in pertinent part: More specifically, the legislation – which was introduced by U.S. Generally, the CLAIM Act would “create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related legitimate business ….” “The latest version of the CLAIM Act is identical to the bill filed last Congress.” “This is the third Congress in a row that the measure has been introduced” reports Marijuana Moment. The Clarifying Law Around Insurance of Marijuana Act – aptly called the “CLAIM Act” – was re-introduced in Congress yesterday. While most of the media and other attention remains focused on the SAFE Banking Act, passage of another, less-publicized piece of legislation – re-introduced in Congress this week as well – also could result in a better insurance market for the cannabis industry. Not only would passage of this important legislation increase the banking options available to cannabis-related businesses, it would also likely yield a better insurance market for those businesses, i.e., more options, higher limits, lower premiums. Secure and Fair Enforcement Banking Act (the “SAFE Banking Act”) was just re-introduced in the U.S. Leech Tishman Fuscaldo & Lampl is a full-service law firm with headquarters in Pittsburgh and offices in Chicago, Los Angeles, New York, Wilmington, Del., and Sarasota, Fla. "We have the skills and experience to help clients nationwide protect their innovations and generate optimal returns." "Patents, trademarks, copyrights and trade secrets are assets that can be worth many times their costs," Fuscaldo said. Yeomans, who worked for a specialty chemicals manufacturer where he conducted complex laboratory synthesis and focused on process improvements for new technologies. Owens, whose experience includes mechanical tooling design, medical devices, environmental remediation systems, industrial materials, metal alloys and composites and Patent and Trademark Office and has experience in the aerospace, chemical, material, mechanical, data storage and e-commerce industries. Towner, who began his career as a patent examiner in the U.S. Passerin, who has a doctorate in neurobiology and counsels clients in the life sciences as well as the biomedical, mechanical, chemical and software engineering fields and and international patent and trademark applications Lazzara, who has prepared and prosecuted hundreds of U.S. "To meet their needs and to establish a complementary capability on the East Coast, we're adding five IP attorneys in Pittsburgh with significant experience to serve clients across the country who are at the forefront of technical innovation." "Our West Coast team has attracted national and international clients," said Pete Fuscaldo, Leech Tishman's managing partner. To support the growth of its intellectual property practice, Leech Tishman Fuscaldo & Lampl has added five attorneys, increasing the firm's expertise in a variety of industries, including medical, chemical, material, industrial, environmental, financial, software and robotics.
0 Comments
Leave a Reply. |