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The
Below Comments Relate to this Newslink:
NY: NRA-Branded Insurance Program Is Unlawful, New York Regulators Say
Submitted by:
Mark A. Taff
Website: http://www.marktaff.com
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A National Rifle Association-branded insurance program unlawfully provided liability coverage to gun owners in the event they were charged with a crime involving their firearms, according to New York state regulators.
Lockton Cos., which administered the insurance, and an affiliate were fined $7 million by New York’s Department of Financial Services and will no longer participate in the NRA’s “Carry Guard” program in the state of New York, the agency said in a statement Wednesday. |
| Comment by:
netsyscon
(5/3/2018)
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Well one ammo maker won't sale to NY. Now all the rest need to follow suit. By the time were done, they will be tossing rocks at each other.
Oh you New Yorkers, there are other places in this great nation to live without all the high taxes. |
| Comment by:
PHORTO
(5/3/2018)
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| I'm confused. How can it be illegal to provide insurance for self-defense, if self-defense itself is legal? |
| Comment by:
shootergdv
(5/3/2018)
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NRA should never have undercut USCCA the way they did anyway - some bean counter saw a way to make a buck and did not cover all the bases. I'm an NRA Benefactor member but my carry insurance will always stay with USCCA. Woulda thought Lockton's lawyers woulda seen the pitfalls though.
But hey, it's NY ! |
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