Carry Guard News

New York Fines NRA $2.5M, Halts Its Insurance Business in the State for Five Years

The New York State Department of Financial Services (DFS) has entered into a settlement with the National Rifle Association (NRA) to resolve alleged violations of New York insurance law. The settlement includes a monetary penalty of $2.5 million and means …

Judge Denies NRA Bid to Block Regulatory Hearing on Its Gun Liability Insurance

The National Rifle Association will have to appear for a regulatory hearing over allegations it violated New York law by marketing an insurance policy for shootings that critics have dubbed “murder insurance.” A federal judge in Albany, New York, on …

NRA Seeks to Block New York’s ‘Political’ Enforcement Over Liability Insurance Programs

The National Rifle Association of America (NRA) is seeking a preliminary injunction in federal court in an attempt to stop the New York State Department of Financial Services (DFS) from conducting enforcement proceedings against the association. This comes after DFS …

New York Regulator Alleges NRA Violated State Insurance Laws

The New York Department of Financial Services (DFS) announced that it has served a statement of charges against the National Rifle Association (NRA). The Department alleges that the NRA, which does not have a license to conduct insurance business in …

Lockton Affinity to Pay $1M for Administering Carry Guard Insurance in New Jersey

Lockton Affinity LLC has agreed to pay a $1 million fine as part of a consent order with The New Jersey Department of Banking and Insurance for administering a National Rifle Association-sponsored insurance program in violation of state insurance laws. …

Shootout with California Insurance Department Yet Another Headache for the NRA

Controversy has swirled around the National Rifle Association of late. Infighting that led to the ouster of Oliver North as the group’s president, its tenuous financial landscape and an investigation launched by the New York attorney general are just a …

NRA Challenges New York’s Attempt to Block Deposition of Regulator

The National Rifle Association is challenging renewed efforts by New York state officials to prevent a former regulator from being questioned under oath by the gun-rights group, the latest spat in a legal dispute over an NRA-branded insurance product. Last …

NRA to Halt ‘Unlawful Solicitation’ of Carry Guard in California

The National Rifle Association has agreed to stop soliciting insurance in California without a license, and made changes to its website and member communication materials to address allegations in a 2018 cease and desist order issued by the California Department …

Lloyd’s Underwriters Agree to Settle Charges Related to NRA-Branded Insurance

In a December 20 consent order, 10 Lloyd’s of London underwriters have entered into an agreement to pay $5 million to the New York State Department of Financial Services (DFS) for underwriting fire arms liability insurance programs branded by the …

New Jersey Investigating NRA-Sponsored Carry Guard Insurance

The New Jersey Department of Banking and Insurance is investigating the marketing and sale in New Jersey of insurance sponsored by the National Rifle Association for potential violations of state insurance laws. The Department is examining Overland Park, Kansas-based Lockton …