Creates certain protections for insurers and insurance producers engaging in business of insurance in connection with cannabis-related businesses.

This New Jersey bill (A1115) protects insurers and insurance producers who provide coverage to cannabis-related businesses. It prohibits state/local agencies from penalizing, discouraging, or terminating insurance policies solely because a business is involved in cannabis activities (like cultivation, sales, or distribution under state law). The bill also shields insurers and their employees from liability for offering such coverage or investing income from it, while making it clear insurers aren’t required to provide this coverage. It does not override existing insurance regulations or mandate coverage for cannabis businesses.