Encova Mutual Insurance Group has introduced a cannabis property exclusion for its commercial inland marine policies in Tennessee.

The endorsement classifies cannabis as property not covered, including products containing natural or synthetic THC or other cannabinoids. It provides exceptions for certain legal hemp-derived goods, including food, clothing, lotions, oils, extracts, building materials and paper, subject to state and local law and specified THC restrictions.

The filing applies to Motorists Commercial Mutual, Motorists Mutual, Wilson Mutual and Phenix Mutual Fire. It was filed on July 16 and takes effect September 1, 2026, for new and renewal business, with no rate impact.