In the words of Yogi Berra, NRA says it Ain't Over

[Steal2B]

The NRA is suing an affiliate of Kansas City-based Lockton Cos., claiming that the insurance brokerage abandoned the organization amid political pressure.

The NRA's lawsuit comes days after Lockton Cos. agreed to pay a $7 million fine to the New York Department of Financial Services for violating New York insurance laws through its administration of NRA Carry Guard.

A New York Department of Financial Services investigation said Carry Guard offered insurance coverage for "acts of intentional wrongdoing" and "criminal defense" in violation of New York law.

"DFS will not tolerate conduct by any entity, licensed or otherwise, in contravention of New York Insurance Law, especially when that conduct is such an egregious violation of public policy designed to protect all citizens," New York Department of Financial Services Superintendent Maria Vullo said in a statement. "Today's action is part of the Department’s continuing investigation into this matter to uphold and preserve the integrity of New York law."

"A politically connected, anti-NRA activist, organization known as Everytown for Gun Safety conceived and openly orchestrated regulatory inquiries concerning NRA-endorsed insurance products marketed and administered by Lockton," the NRA said in its lawsuit against Lockton. "...In the face of this politically motivated coercion, Lockton should have honored its fiduciary obligations and longstanding business relationship with the NRA and taken full responsibility for any compliance related concerns."

"What the state (of New York) is in effect saying is we are not going to allow you to fund your defense, you're going to potentially go into bankruptcy, mortgage your house," Hartwig said. "If you're found innocent or the case is dismissed, you're financially ruined."


https://www.google.com/amp/amp.kansascity.com/news/article210620754.html

 

[MothMan]

Just curious. Any former NRA Carry Guard insurance customers here?

So I take it that soon none of the CCW insurances will be valid in NYS.

Or the said insurance companies will just bail out of NewYorkistan.

 

[SmallGameAddict]

Very likely scenarios. I mean, God forbid you unintentionally violate some obscure weapons law, and your insurance company will cover legal costs.

 

[kev74]

Just curious. Any former NRA Carry Guard insurance customers here?

So I take it that soon none of the CCW insurances will be valid in NYS.

Or the said insurance companies will just bail out of NewYorkistan.

From what I've read, the Armed Citizen Legal Defense Network is still good to go because it operates more like a co-op than an insurance company.

 

[MothMan]

From what I've read, the Armed Citizen Legal Defense Network is still good to go because it operates more like a co-op than an insurance company.

Your right. Just bought a 3 year membership.

 

[Steal2B]

Just curious. Any former NRA Carry Guard insurance customers here?

So I take it that soon none of the CCW insurances will be valid in NYS.

Or the said insurance companies will just bail out of NewYorkistan.

The NY anti 2A virus has spread. Apparently today Chubb knelt before New York and agreed to a 1.3 million dollar fine. Last week a Chubb customer service rep told me they were not going to succumb to the Bloomberg funded pressure from NYS. He lied.

According to NY DFS, Lockton agreed to send out cancellation notices to eleven different types of policies (not just Carry Guard) they were administering to service NYS firearms owners. A week ago they told NY DFS the policy holders would be notified within 10 days. I was told by a Carry Guard Service Rep, as of today no notices have been sent to policy holders by Lockton. I read Lockton is also pulling out of the firearm loss insurance policies the NRA purchases for their members as a membership benefit. (Looks like our state does not want our Constitutionally protected property to be insured either).

I overheard conversations last month (between some officers from Everytown / Moms Demand Action) and I got the impression there was a coordinated effort to go after all the "murder insurance" nationwide. (I really hate the way these activists re-define and misrepresent the targets of their rage.)

 

[MothMan]

Glad I didn’t buy insurance.

 

[Cooolone]

Can't see how the State can basically block a company from doing "legal" business and insuring against "justifiable defense" as prescribed by law?

Guess all the automobile insurance policies are no kaput too because you never know when someone might use a vehicle "illegally" like speeding, or DWI... Could you ever imagine?

How does the State get to predispose the use of a firearm as legally defined "criminal" before its occurred? They have basically nullified the Penal Law...

 

[kev74]

The insurance regulations in Ny are ridiculous and the power is unchecked. Any insurance company that bucked this directive would have effectively been shut down.

I hope NRA doesn't shit the bed and settle on this.

 

[Criticalt]

Every single NYS resident who has this type of insurance shoud pool together and sue NYS.
Get multiple attorneys and make sure there is alot of paperwork involved.
Take it all the way to the SCOTUS.
If they win, they should sue for expenses, missed dues during court case, "pain and suffering" because of being without insurance during the court case.
Then those of us who do not have this type of insurance should pool money together and sue NYS for denying us insurance, and throw in several more lawsuits while we are at it......permit process, SafeAct.....
If every gun owner in NYS gave the cost of 2 boxes of ammo, we would have 10s of millions of dollars.

 

[Phazer]

I've still got USCCA.

Now...if I could only carry.

 

[ProgSpear]

Can't see how the State can basically block a company from doing "legal" business and insuring against "justifiable defense" as prescribed by law?

Guess all the automobile insurance policies are no kaput too because you never know when someone might use a vehicle "illegally" like speeding, or DWI... Could you ever imagine?

How does the State get to predispose the use of a firearm as legally defined "criminal" before its occurred? They have basically nullified the Penal Law...

Pre-crime - Wikipedia

 

[Acer-m14]

this better VOID obummer care when gang banger's show up in ER all shot up begging for help .. ..

 

[Michael]

Aren't these the same dolts that want to force us to buy insurance for owning a firearm? To them, I bid a hardy

 

[Robin]

Mebby there's a game changer on the horizon. The Snyderman factor!
Robin

 

[Steal2B]

So far Lockton Affinity, Chubb, and Lloyds of London abandoned all their various self defense insurance policies. Looks like Carrier Subsidiaries (Ameritrust, Savers, etc associated with USCCA) will have a press statement next according to DFS on a radio statement. So far no cancellation notices have been issued to policy holders by Lockton or Chubb contrary to the earlier plea deal timeline with NY DFS. FUAC, FUES, FUMTV


Maria T. Vullo (previously from the National Abortion Federation and a Planned Parenthood lawyer who won a 107 million dollar civil judgement against a Pro-life website) is FUAC's venomous shrew who drafted the Orwellian letter for FUAC warning all financial institutions with threats and reprisals unless they rethink their relationship with any organization that supports law-abiding American gun owners or is involved with the firearm industry.

As the Supt of DFS (a Dept Cuomo created in 2011 that steals turf from the AG and Comptroller) she is also leading the charge against insurance companies to end coverages that reimburse innocent victims who act in self defense with policies she called " murder insurance".

Cuomo ramps up pressure against gun makers