Lockton makes NRA decision

Lockton makes NRA decision

Lockton makes NRA decision

Judging by the reaction to insurer Chubb’s announcement that it would stop underwriting the “NRA Carry Guard” program, the gun issue continues to divide America. However, despite the controversy such decisions appear to cause in some camps, it’s not stopping insurers from taking a stand.

The latest to make an announcement is brokerage giant Lockton, which had worked with the National Rifle Association (NRA) on gun carrying policies and gun shows in the past. Now, according to a Reuters report, it will no longer sell products with an NRA-endorsement.

The move comes hot on the heels of the latest shooting tragedy in the US in which 17 people were killed at a Florida high school. The horrific events saw Chubb make an announcement that it would no longer underwrite for the program that offers protection to gun owners that shoot in self-defense – something that has been met in our Insurance Business America forums with both congratulation and anger.

“Fight big business with big business. Way to go Chubb!” wrote one forum user.

“Thanks for letting us know which companies we want to boycott with our business,” wrote another. “It’s a two-way street. I will place my business and coverages with those who can make rational decisions.”

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 said in a tweet.

You can have your say on the issue by leaving a comment below.

 

Related stories:
Chubb severs ties with NRA
Lloyd's of London wrapped in "murder insurance" controversy

75 Comments
  • LINDA OPERLE 2/27/2018 10:06:24 AM
    I'M HAPPY TO HEAR LOCKTON CHUBB AND OTHER COMPANIES ARE TAKING A STAND AGAINST THE NRA'S MANIC DESIRE TO ARM AMERICA WITH NO CONSIDERATION TO SAFETY AND COMMON SENSE. WE ARE A DEMOCRACY NOT A COUNTRY BOUND BY THE MONEY AND INFLUENCE OF CORPORATIONS AND SPECIAL GREEDY INTERESTS. I WILL BE CHECKING THE AFFILIATIONS OF ALL COMPANIES I DO BUSINESS WITH GOING FORWARD.
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  • Confounded 2/27/2018 10:07:00 AM
    I don't see the correlation here. An unstable teen shoots up a school so let's pull the insurance for the program that offers protection to gun owners that shoot in self-defense? One has nothing to do with the other...and if a teacher had a gun in this situation they could have probably saved lives.
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  • Givenuponsociety 2/27/2018 10:19:35 AM
    Confounded - You don't see the correlation because you are using common sense which unfortunately has flown out the window in our new "Safe Space" society.
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