Cannabis Grower, Insurer Settle Suit Over Facility Fire Loss

March 9, 2026, 3:35 PM UTC

A cannabis grower and its insurer ended a dispute over coverage for a fire loss at an Illinois growing facility after agreeing to settle the case.

NPI Hillcrest Investor Group LLC and Knight Specialty Insurance Co. on March 6 filed a stipulation of dismissal with prejudice in the US District Court for the Northern District of Illinois.

  • The parties in a Feb. 24 status report told the court they had reached a settlement in mediation; no other details on the settlement were immediately available.
  • NPI sued Knight in May 2025, seeking coverage for a fire loss at its facility in ...

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