A Message From the Editor
Missouri is the third-largest market for earthquake insurance among the states, exceeded only by California and Washington. The Missouri Department of Insurance, however, noted that over the last 20 years, the earthquake insurance market has significant contracted, with many insurers leaving the market entirely, while others refuse to issue new policies in the New Madrid area. This is especially alarming as a joint assessment by the Mid-American Earthquake Center of the University of Illinois and the Federal Emergency Management Agency predicted that a major New Madrid event could entail economic losses of $300 billion. In other news, we examine 13 property & casualty concerns related to legal cannabis, the risks that come with dog-friendly offices, Argo Group's latest donation and more.
– Denny Jacob, Associate Editor