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Stock impact report

Key Risk Launches Workers Compensation Solutions for the Cannabis Industry [Yahoo! Finance]

W.R. Berkley Corporation (WRB) 
Last w.r. berkley corporation earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: wrberkley.com/investor-relations.aspx
Company Research Source: Yahoo! Finance
leading provider of workers compensation insurance products and services for employers throughout the United States, today announced the launch of a cannabis vertical, adding to an expansive list of specialty offerings. According to Grand View Research , the cannabis market in the U.S. has seen exponential growth, driven by increasing consumer demand and supportive government initiatives. Valued at $33.60 billion in 2023, the market is projected to grow at a compound annual growth rate of 12.1% from 2024 to 2030. With the rising adoption of medical marijuana, recreational cannabis, and CBD products, the need for specialized insurance solutions in this industry has never been greater. Travis Moose, Senior Vice President and Chief Marketing Officer, commented, "Key Risk is excited to add solutions tailored to the cannabis industry to our existing portfolio of specialty programs. We are dedicated to providing workers compensation solutions to employers in complex and unique industrie Show less Read more
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