Lockton Affinity, an insurance company that underwrites the NRA Carry Guard program for gun owners, said Monday night it will discontinue the terms of its contract with the National Rifle Association.
The NRA describes Carry Guard as a “state-of-the-art” policy to help gun owners when they use their firearm for self-defense and end up in a “legal nightmare.” On its site, the NRA touts the program as a major benefit of membership.
“If you’re ever forced to use a firearm in self-defense, you could soon find yourself at the center of a legal nightmare that could cost you your life savings—or even cost you your freedom and years of your life,” its website says. “Although you may legally use your firearm in self-defense, many homeowners’ policies have limitations or exclusions related to intentional acts, such as self-defense. There are also many unexpected procedures and costs associated with proving you acted in self-defense.”
Lockton Affinity, a subsidiary of Lockton Companies, posted the announcement on Twitter.
Lockton Affinity has notified the NRA that it will discontinue providing brokerage services for NRA-endorsed insurance programs under the terms of its contract.
— Lockton (@Lockton) February 27, 2018
Insurer Chubb also said last week that it gave notice three months ago of its plan to stop underwriting coverage for NRA members. It was not immediately clear Monday what will happen to the Carry Guard program without Chubb’s and Lockton’s participation.
The NRA is being supported by these companies
The insurers are just the latest in a long and growing list of companies distancing themselves from the NRA. After ThinkProgress reported Tuesday a list of more than two dozen companies doing business with the gun lobby, the nation’s largest privately held bank, First National Bank of Omaha, said it would stop issuing the NRA Visa card. On Thursday, Enterprise Holdings, which operates three major car rental companies, said it would stop offering a discount to NRA members. And on Friday, security software company Symantec, home security company SimpliSafe, auto insurer MetLife, car rentals Avis and Budget, and moving companies Allied and North American Van lines cut ties. Over the weekend, Delta and United airlines, software company Wild Apricot, car buying service TrueCar, pharmacy benefits manager ParamountRx, and hearing aid company Starkey Technologies followed.
On Monday, Republic Bank confirmed it would no longer offer NRA Visa prepaid credit cards and Securian Financial Group said it would not market various insurance policies to NRA members.
“In time, these brands will be replaced by others who recognize that patriotism and determined commitment to Constitutional freedoms are characteristics of a marketplace they very much want to serve,” the NRA said in a statement on Saturday.
Source Link:
https://thinkprogress.org/insurer-lockton-ends-nra-gun-owner-insurance-5d682b9f36ab/
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