The legislation was sponsored by Representatives Iman Jodeh and Steven Woodrow The Colorado House recently passed legislation to promote responsible firearms ownership by creating a requirement liability gun insurance. HB24-1270 passed the House by a vote of 33-29 Sponsored by Representatives Stephen Woodrow and Iman Jodeh, the purpose of the gun insurance law is to encourage owners of firearms to take greater efforts in the name of safety. “The costs of gun violence are staggering, and taxpayers are often left footing the bill. This legislation helps cover costs while promoting…
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Washington gun insurance company fined $100,000 illegal policy sales
The state insurance commissioner fined the insurer and barred it from policy sales in the state. Washington state insurance commissioner Mike Kreidler’s office has fined a gun insurance company more than $100,000 for selling illegal policies. The insurer has also been stripped of its license to sell any coverage in the state. The insurer had been selling policies to gun owners in order to cover them for them for criminal activity. The United States Concealed Carry Association, Inc. is a gun insurance company. It was selling policies that would provide…
Read MoreNRA under investigation in New York for illegal gun insurance kickbacks
The state regulator is looking into the National Rifle Association’s role in selling banned coverage products. The New York Department of Financial Services is currently investigating the NRA for allegedly taking illegal gun insurance kickbacks in the state. The investigation is examining the National Rifle Association’s role in the sale of banned coverage products to firearm owners. The NRA allegedly took in at least $14 million in illegal kickbacks in the state. The state regulator’s investigation is one component of a broader effort that launched in 2018. It is the…
Read MoreWashington state puts NRA gun insurance under the microscope
The branded insurance program is being accused of providing coverage for criminal conduct. Washington state has launched an investigation into an NRA gun insurance policy. The examination follows criticisms claiming the coverage provides protection for criminal conduct. The policy is a branded form of coverage for gun owners, called Carry Guard Insurance. The Carry Guard insurance policy advertises “We prepare for so much that leads up to pulling the trigger. Are you prepared for what happens after?” through a marketing video. The NRA gun insurance policy can be purchased online…
Read MoreNRA gun insurance launches for owners shooting in self defense
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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