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Insurer Lockton will no longer sell NRA-endorsed policies

Published 02/26/2018, 09:17 PM
Updated 02/26/2018, 09:20 PM
© Reuters. People sign up at the booth for the National Rifle Association (NRA) at the Conservative Political Action Conference (CPAC) at National Harbor, Maryland
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By Suzanne Barlyn

(Reuters) - Insurance broker Lockton, which has worked with the National Rifle Association on gun show and gun carrying policies, on Monday said it would no longer sell NRA-endorsed products.

Privately held Lockton joins several other financial industry companies ending deals with the NRA in the wake of the shooting that killed 17 people at a Florida high school.

Insurer Chubb Ltd (N:CB) on Friday said it would stop underwriting the "NRA Carry Guard" program that offers protection for gun owners who shoot in self-defense. The New York Department of Financial Services, which regulates insurance in the state, launched an investigation into Carry Guard last year.

Kansas City, Missouri-based Lockton is the administrator of the Carry Guard insurance and NRA-branded insurance for gun show operators.

"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.

© Reuters. People sign up at the booth for the National Rifle Association (NRA) at the Conservative Political Action Conference (CPAC) at National Harbor, Maryland

An NRA spokesman could not be reached immediately for comment.

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