CHICAGO, Illinois, Sept. 27 -- The American Property Casualty Insurance Association issued the following statement by Wes McClelland, vice president of federal government, applauding the House for passing the SAFE Banking Act (H.R. 1595):

The legislation would prevent federal prosecution of and civil liability for agents, brokers, and insurers, their officers, directors, or employees when engaging in the business of insurance in states that have legalized cannabis in some form.