McNeil & Co. and Cannabis Association of New York Announce the Formation of the Cannabis Association of New York Inc. Safety Group
McNeil & Co. (McNeil), a leader in specialized risk management and insurance, and the Cannabis Association of New York (CANY) engaged with the New York State Insurance Fund (NYSIF), for purposes of forming a workers compensation safety group for the New York cannabis industry. The NYSIF recently gave approval for the Cannabis Association of New York Inc. Safety Group, with McNeil as its manager, to provide a sustainable workers’ compensation solution for the New York cannabis industry. The Proposed Group will be assigned on a temporary basis to group number 3075.
McNeil and CANY worked closely for almost two years to not only ensure the New York cannabis industry has strong and cost-effective insurance options, but also risk management and loss control solutions built to evolve along with the rapidly growing industry.