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The
Below Comments Relate to this Newslink:
NY: New York Hits 10 More Insurers With Millions in Fines for Underwriting NRA Policies
Submitted by:
Mark A. Taff
Website: http://www.marktaff.com
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New York regulators have fined 10 insurance companies a total of $5 million for underwriting the National Rifle Association’s troubled Carry Guard insurance program in violation of state law, The Trace has learned.
The fines were part of a consent agreement that New York’s Department of Financial Services imposed today on insurance companies that did business with the NRA through the Lloyd’s of London insurance market. It is the third such agreement that DFS has reached with Carry Guard insurers this year: In May, the brokerage Lockton Affinity and underwriter Chubb were hit with $7 million and $1.3 million fines, respectively. |
Comment by:
Stripeseven
(12/21/2018)
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NU Yok regulators need to be fined millions of dollars for undermining the Federal Constitution. That "IS" a crime.
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QUOTES
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"Secrecy is the keystone of all tyranny. Not force, but secrecy ... censorship. When any government, or any church, for that matter, undertakes to say to it's subjects, 'This you may not read, this you must not see, this you are forbidden to know,' the end result is tyranny and oppression, no matter how holy the motives. Mighty little force is needed to control a man whose mind has been hoodwinked; contrariwise, no amount of force can control a free man, a man whose mind is free. No, not the rack, not fission bombs, not anything. You cannot conquer a free man; the most you can do is kill him." --Robert A. Heinlein, "Revolt in 2100" (Pg. 68-69, Baen Books paperback edition, 1999 printing) |
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