Live Insurance News

Gun insurance still being considered by many state legislatures

February 27, 2013February 26, 2013 Julie Campbell

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…

Gun insurance bill in New York to require liability coverage

February 18, 2013February 16, 2013 H. Cutner

The new proposal from State Assemblyman Felix Ortiz suggests that owners will need to be covered. Bill S2353 has just been introduced into the New York State Assembly by Assemblyman Felix Ortiz (D-Brooklyn), which would make it required for residents of the state to have to obtain liability gun insurance in order to be able to own a firearm. The bill identifies not only the minimum coverage but also the consequences for failure to buy a policy. This new gun insurance bill stated that owners will need to purchase and…

Gun insurance will be required in California if bill passes

February 7, 2013February 6, 2013 Julie Campbell

Owners could soon have to purchase liability coverage to keep their weapons in the state. The Democratic lawmakers in California have been considering legislation that would require firearm owners in the state to have to buy liability gun insurance in order to cover any injuries or damages that are could result from the use of their weapons. Many other states have been introducing similar bills following the trend of school shootings. Among the other states that are looking into required gun insurance are New York, Massachusetts, Connecticut, Pennsylvania, and Maryland.…