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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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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