A Denver, Colo. lawyer has lost her liability insurance because part of her practice involves representing medical-marijuana businesses.
The Denver Post reported the Hanover Insurance Group told Ann Toney it wouldn’t renew her malpractice coverage. It sent a notice saying Toney’s practice doesn’t meet current underwriting guidelines because she has an area of practice involving medical marijuana, which it said was a risk factor.
Toney says she makes sure her clients comply with Colorado’s medical-marijuana laws but that she also advises that marijuana sales remain illegal federally.
Allen St. Pierre is the executive director of the National Organization for the Reform of Marijuana Laws. He told the Denver Post he knows of no other lawyer to lose insurance because of work with medical-marijuana businesses.
Topics Cannabis
Was this article valuable?
Here are more articles you may enjoy.
NYC Mayor Eyes City-Run Insurance Program for Affordable Housing 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Business Interruption Claims Arising From the Middle East Conflict 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model From This Issue
