What will the entry of admitted carriers like Golden Bear do to your business?

I believe this is positive for the industry, invite competition and good for public policy.  The biggest change will be licensed retail insurance brokers will be required to quote Golden Bear or any other admitted carrier that enters this space, due to insurance regulatory requirements known as an  "Diligent Search Report."  They can no longer just offer a surplus lines or excess insurance policy without going through this process.    

California retail insurance brokers will want to find access to Golden Bears distribution channel most likely a subsidiary they own to to offer this admitted program. 

The greatest impact will be on the Surplus Lines Brokers in California.  If more admitted insurance carriers enter the California market which I'm predicting, I don't see how these carriers will continue to offer cannabis insurance.