NRA Being Investigated By New York Regulators

By Tom Knighton

The National Rifle Association is reportedly being investigated by New York regulators. No, it’s not that the state has finally figured out a way to undermine the organization’s strong Second Amendment stance or its effectiveness throughout the nation in blocking infringements on our right to keep and bear arms. No, it’s something far more insidious.

They’re concerned the NRA is selling their Carry Guard insurance without a license.

New York regulators launched an investigation into the National Rifle Association’s role in the self-defense insurance program that bears its name.

The probe by the state’s Department of Financial Services will focus on whether the gun lobby is improperly promoting the policy and receiving commissions without a proper license, The Wall Street Journal reported.

The NRA released NRA Carry Guard insurance at its annual conference in April. The program — underwritten by Chubb Ltd and administered by Lockton Cos — offers policies to cover legal fees for patrons who claim self defense after a shooting. Lockton told the Associated Press that they’re cooperating with investigators.

The New York department launched the probe a week after advocacy groups Guns Down and Color of …Read the Rest

Source:: Bearing Arms