ICC Holdings, Inc. Earlier Announced It Is Exploring Opportunities To Provide For Cannabis Dispensaries In States Where Recreational Cannabis Use Is Legal

ROCK ISLAND, Ill., Dec. 9, 2018 /PRNewswire/ –ICC Holdings, Inc. (NASDAQ:ICCH) (theCompany), parent company of Illinois Casualty Company, a regional, multi-line property and casualty insurance company focusing primarily on the food and beverage industry, today reported that the Board of Directors has authorized management to evaluate options for offering its current insurance policies to cannabis-related businesses. With the recent decision by the state of Michigan to legalize recreational cannabis, Illinois Casualty Company has now begun the process of exploring opportunities to provide insurance for cannabis dispensaries in those states where adult recreational use of cannabis is legal. There can be no assurance that exploration of the Company's opportunity in this area will result in us being able to offer our products to cannabis-related businesses.