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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

There is 1 comment on this story
Post Comments | Read Comments
 
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)
NU Yok regulators need to be fined millions of dollars for undermining the Federal Constitution. That "IS" a crime.
 
 QUOTES TO REMEMBER
Are we at last brought to such humiliating and debasing degradation, that we cannot be trusted with arms for our defense? Where is the difference between having our arms in possession and under our direction, and having them under the management of Congress? If our defense be the real object of having those arms, in whose hands can they be trusted with more propriety, or equal safety to us, as in our own hands? — Patrick Henry, 3 J. Elliot, Debates in the Several State Conventions 45, 2d ed. Philadelphia, 1836

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