National Rifle Association sues state of New York over insurance crackdown

Insurance crackdown - Gun Insurance - Guns

The pro-gun group accuses New York of conducting an unconstitutional “political blacklisting campaign.” The National Rifle Association (NRA) has filed a lawsuit over the New York insurance crackdown reported by Live Insurance News last week. The NRA sued state Governor Andrew Cuomo as well as New York’s financial Regulators. It accuses them of an unconstitutional “political blacklisting campaign” to halt banks and insurance companies from partnering with the group. The NRA filed its lawsuit against the state in the U.S. District Court for the Northern District of New York. The…

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New York regulators call NRA branded insurance program unlawful

NRA Branded Insurance Program - Gun - Weapon - pistol

The Department of Financial Services fined Lockton Cos. $7 million for its liability coverage sales. New York state regulators have deemed an NRA branded insurance program to be unlawful. Lockton Cos. said back in February that it would shut down its National Rifle Association brokerage services. The company continued to sell the branded insurance policies meant for firearm owners and users. The NRA branded insurance program was designed to cover gun owners. It is a form of liability coverage in case the firearm owners were ever charged with a crime…

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Gun owners insurance policies thin out following Florida shootings

gun owners insurance

MetLife and Chubb have severed their ties with the National Rifle Association. The Florida shootings may make it more challenging to purchase gun owners insurance. Both Metlife and Chubb have made decisions to sever their relationships with the National Rifle Association. Chubb announced it would no longer underwrite National Rifle Association branded insurance policies. The company stated that its gun owners insurance underwriting would cease under the NRA’s brand. That coverage is designed to assist gun owners in paying their legal costs should their firearms be used in self defense.…

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NRA gun insurance launches for owners shooting in self defense

NRA gun insurance policy

The new policies are designed to cover legal fees for acquitted cases and clean-up costs as well. The National Rifle Association has announced a new NRA gun insurance policy to cover Americans who want coverage in case they shoot in self defense. The policies will cover the clean-up of the scene. That said, legal fee reimbursement is issued only if the case finishes with an acquittal for a ruling. This NRA gun insurance policy is only the latest in the association’s efforts to ensure the rights of people who want…

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Gun insurance requirement in the spotlight in New York

gun insuarnce shooter homeowners

Assemblyperson Felix Ortiz (D) is hoping that this liability coverage will boost accountability. In New York state, a Democrat lawmaker from Brooklyn is now working to be able to have a law passed that would require firearm owners to purchase at least $250,000 in gun insurance. The goal is to try to hold “reckless gun owners accountable” through the use of liability policies. Assemblyperson Felix Ortiz believes that his gun insurance bill will make it possible to boost the prevention of the types of tragedies that have happened through mistaken…

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Gun insurance may soon be required by all firearm owning Americans

gun insuarnce shooter homeowners

A new House bill has been introduced that would mean that owners would need to carry liability coverage. House Democrat Rep. Carolyn Maloney (NY) introduced a bill, last week, that would mean that Americans who own firearms would also need to purchase a gun insurance policy to ensure that they have a minimum level of liability coverage. The Firearm Risk Protection Act was opened up to Congress on Friday and would require insurance policies. This gun insurance coverage would need to be in place before a consumer would be able…

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Insurance for shooters offered by NRA

gun insuarnce shooter homeowners

The National Rifle Association is making coverage available to its members to protect them against legal costs. The NRA has decided to offer a new kind of insurance to its members to help to protect them against the potential legal costs that they could face if they should ever have to use their firearms in self defense. This protection is meant to help the organization’s members to avoid paying thousands of dollars in legal fees. This form of concealed carry liability insurance is meant to help to provide coverage for…

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Homeowners insurance bill filed by Florida legislator for gun owners

Florida Homeowners Insurance

This action appears to be made as a pre-emptive strike to regulate the way weapons owners are treated by insurers. Representative Matt Gaetz has now filed legislation that is designed to help to regulate how homeowners insurance companies will be able to treat gun owners, through a bill that is being viewed as a form of pre-emptive strike in Florida. At the moment, application for home coverage do not ask whether or not a gun will be on the property. Within the state of Florida, when a homeowners insurance policy…

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Gun insurance proposal in Massachusetts opposed by insurers

Gun Insurance - massachusetts

The controversy in the state continues as Rep. Linsky says that it would help to boost firearm safety. Two groups that have taken on the responsibility of representing the majority of Massachusetts insurers have announced that they oppose a new proposal in the legislature that would require firearm owners to buy a special gun insurance. This liability coverage would be required for owners in the state if the proposal is approved. The reason that they gave for their opposition to the gun insurance is that they do not support any…

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Gun insurance still being considered by many state legislatures

gun insurance liability coverage

Liability coverage is being debated by a number of different states for the ownership of firearms. Following the string of shootings across the country – such as that of Newton, Connecticut’s Sandy Hook Elementary School – lawmakers in many states, as well as at the federal level, are considering ways, such as the implementation of gun insurance, for tightening control over the ownership and use of firearms. Many states are hoping to introduce or re-introduce the requirement for liability coverage for owners. For instance, the legislators in Pennsylvania and Maryland…

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