Blackwell launches cannabis stop-loss captive - Business Insurance

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Blackwell launches cannabis stop-loss captive - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Blackwell launches cannabis stop-loss captive by Claire Wilkinson Alternative Risk Transfer/Captives , Cannabis Apr 20, 2026 Blackwell Captive Solutions announced Monday it has launched a group captive offering medical stop-loss coverage to cannabis operators and growers. The captive allows participating employers to offer employee health insurance supported by medical stop-loss coverage, an option that has historically been unavailable to most cannabis businesses, Denver-based Blackwell said in a statement. The captive will be available to cannabis operators in 24 states, plus Washington, where both medical and recreational use are permitted, as well as in 16 additional states where cannabis is legal for medical use only. “Many employers have been forced into fully insured plans that limit cost, visibility, and flexibility. We are building this captive specifically to change that dynamic,” Scott Byrne, president at Blackwell, said in a statement. Participation is designed for cannabis employers with at least 25 employees enrolled in their health plan and is intended to support growers, distributors and cannabis-adjacent service providers, a spokeswoman said in an email. The captive will be domiciled in the U.S., with the final location to be confirmed pending approvals. It will operate as a standalone structure within Blackwell’s broader captive platform. Related News Hormuz standoff disrupts traffic, lifts war risk insurance rates April 20, 2026 Insurers dispute $684M Nord Stream claim April 20, 2026 Chubb considers India re-entry April 20, 2026 Spiking fuel costs force KLM to cancel 160 flights April 20, 2026 War risk claims spread outside high-risk zones: P&I Club April 20, 2026 Cat losses plummet in Q1: Aon April 20, 2026 Ontario plant flagged for safety lapses before listeria deaths April 20, 2026 Gallagher buys U.K. commercial broker April 20, 2026 Spain investigates power firms over blackout breaches April 20, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.

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