New Exclusive Workers' Compensation Program for Cannabis and Hemp Operations

RICHMOND, VA (August 26, 2020) – All Risks, Ltd., the nation’s largest independent wholesale insurance brokerage firm, has announced an exclusive Workers’ Compensation program for employees who manage essentially all aspects of cannabis and hemp operations.

All Risks, Ltd. works with retail insurance agents and brokers to offer this national Workers’ Compensation specialty program to their clients.  This WC product is competitive for most aspects of the cannabis industry, including growing, harvesting, food product manufacturing and retail operations.  All Risks offers coverage in all states, excluding monopolistic, however its distinguishing feature is an exclusive A.M. Best "A-" rated carrier for risks in Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Kansas, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Mexico, Oklahoma, Oregon, South Dakota, Texas and Utah.  All Workers' Compensation carriers offered are Admitted and A.M. Best "A-" or better rated.  The legal use of cannabis products varies by state.  The program includes a low minimum premium, starting at $2,500.  Operations that include concentrate extraction start with minimum premiums of $25,000-$50,000.

Eligible Cannabis Classes
0035 | Farm - Florist and Drivers

0037 | Farm - Field Growing and Drivers
0008 | Hand Harvest & Drivers
4511 | Analytical Laboratories
8045 | Store – Drug Retail
8047 | Store – Drug Wholesale
8017 | Store – Retail
8018 | Store Wholesale NOC
2157 | Bottling – All Operations
2163 | Bottling Beverages
2003 | Bakery
2041 | Candy
6504 | Food Products MFG NOC
4611 | Drug Mfg. No mfg. of Ingredients
4825 | Drug / Mfg. Ingredients (Oil Extraction)
7380 | Commercial Driver

"We're excited to offer an exclusive Workers' Compensation product to an industry where such diverse commercial enterprises as cannabis growing, harvesting and retailing exist and will only transform exponentially over the next several years.  Joe Feitz, Workers' Comp. AVP, has been underwriting cannabis accounts as long as legalization has been evolving across the country.  His sharp technical skills led to the development of this exclusive WC program," stated Jim Mitchell, Vice President, Workers’ Compensation and Accident & Health Products.

To learn more about the program, please contact Joseph Feitz at 1-800-366-5810, extension 3913, or via email at for more information.

All Risks, Ltd. is the largest independent insurance wholesaler serving retail insurance agents and brokers nationwide. This innovative team delivers comprehensive specialty commercial and personal lines solutions through a full-service platform of quality brokerage markets, quick in-house binding authority, exclusive national programs and easy-to-use online technology.  All Risks, Ltd. was formed as an excess and surplus lines facility in 1964.  Based in Hunt Valley, Maryland, the firm employs 850 staff members in 27 offices around the country.  To learn more, please visit

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Legal Disclaimer: Views expressed here do not constitute legal advice. The information contained herein is for general guidance of matter only and not for the purpose of providing legal advice. Discussion of insurance policy language is descriptive only. Every policy has different policy language. Coverage afforded under any insurance policy issued is subject to individual policy terms and conditions. Please refer to your policy for the actual language.