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The National Rifle Association (NRA) has agreed to halt insurance business in New York for five years and will pay a $2.5 million fine over charges related to that work.

New York’s Department of Financial Services announced the settlement Wednesday with the NRA, the nation’s top gun rights advocacy group after state Attorney General Letitia James (D) sued to break up the group over corruption claims this summer.

The fine will settle charges that the group allegedly offered insurance to its members despite not having a license and often withheld information on how it kept some premiums for its own benefit.


The agreement resolved charges related to the NRA’s relationship with insurance broker Lockton Cos, which sold over 28,000 NRA-endorsed policies. Among the plans offered was the “Carry Guard” program, which state officials said illegally offered people coverage to assist with criminal defense expenses and the “intentional” use of firearms should they shoot their weapons.

Through its insurance offers, the NRA allegedly received over $1.8 million in associated royalties and fees and ultimately kept between 13.67 percent and 21.92 percent of premiums paid.


“The NRA operated as an unlicensed insurance producer and broke the New York Insurance Law by soliciting insurance products and receiving compensation,” said Superintendent of Financial Services Linda Lacewell.

“Even worse, the NRA violated the New York Insurance Law by soliciting dangerous and impermissible insurance products, including those within its Carry Guard program that purported to insure intentional acts and criminal defense costs.”

The initial civil suits filed by James in August said the NRA violated state law governing nonprofit organizations, specifically that the group and its top officials diverted millions of dollars away from its charitable mission and oversaw "a culture of self-dealing, mismanagement and negligent oversight."


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phuggin NRA is the reason we lost the presidency and maybe the senate grin


Son of a liberal: " What did you do in the War On Terror, Daddy?"

Liberal father: " I fought the Americans, along with all the other liberals."

MOLON LABE





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Originally Posted by watch4bear
phuggin NRA is the reason we lost the presidency and maybe the senate grin

Damn bear, you’re approaching full jackwagon status.


Mark

NRA Life Member
Anytime anyone kicks cancers azz is a good day!

~Molɔ̀ːn Labé Skýla~

Oh The Drama!
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He attained that status years ago.


Don't be the darkness.

America will perish while those who should be standing guard are satisfying their lusts.


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Not one more dime. RA RA RA


Son of a liberal: " What did you do in the War On Terror, Daddy?"

Liberal father: " I fought the Americans, along with all the other liberals."

MOLON LABE





IC B2

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They just keep on caving in, don't they?


"No good deed shall go unpunished!"
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NRA obviously hoped to monetize legal lawyer concierge for CCW holders, which is a good idea...because the legal fun is often worse than the shooting part.


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Down hills fast
Tonnage first and
Safety last.
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More NRA earning your trust

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Wayne certainly has his act together huh?

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I’d like to see Wayne gone and the whole organization restructured but this is an extremely petty charge. In the big picture $2.5 mil isn’t a whole lot to them Vs. more lawyer fees and bad press.

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Dont forget to join the NRA wine club, though. Is that still a thing? It'll probably be OK In NY... until NY decides they need a liquor license.

WTF are they even doing in obviously gun hostile NY state? I guess Wayne cant get those really nice suits or the same "quality" of young interns in West Virginia or Nebraska.

Let me know if they ever get their schittt squared away & remember their core purpose.


Sacred cows make good burgers when you know what temperature to cook them at.-Rev. Billy
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the NRA whine club grin


Son of a liberal: " What did you do in the War On Terror, Daddy?"

Liberal father: " I fought the Americans, along with all the other liberals."

MOLON LABE





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Thanks again for stabbing us in the back.

(hint- a New York Suite)
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Broncos are officially the worst team in the nation this year.
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[Linked Image from i.imgur.com]


Son of a liberal: " What did you do in the War On Terror, Daddy?"

Liberal father: " I fought the Americans, along with all the other liberals."

MOLON LABE





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Another one for you to fantasize about.

[Linked Image from rushlimbaugh.com]


Broncos are officially the worst team in the nation this year.
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Beat it like it owes you money!
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Broncos are officially the worst team in the nation this year.
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Originally Posted by 280shooter
Another one for you to fantasize about.

[Linked Image from rushlimbaugh.com]



One of them is solidly pro gun; can you guess which one? grin there are two choices, so I'll give you 3 guesses.


Son of a liberal: " What did you do in the War On Terror, Daddy?"

Liberal father: " I fought the Americans, along with all the other liberals."

MOLON LABE





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You guys sure showed em. 2016 the NRA spent 57 million on trump and the republicans. This year they got nothing. Well done fellas; give each other a reach around grin


Son of a liberal: " What did you do in the War On Terror, Daddy?"

Liberal father: " I fought the Americans, along with all the other liberals."

MOLON LABE





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Wayne LaPierre is a Jim Bakker type piece of schit charlatan. Those who ‘believe’ in him should continue to send him money. They deserve it.


Every day on this side of the ground is a win.
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NRA should have done their homework beforehand and realized that it's pretty much illegal to do anything to help gun owners in NY state and that those parasites have a nice, much needed revenue stream coming into the state coffers thanks to all kinds of lawsuits. They'll sue anybody for anything ever since they ran the state finances about 65 billion dollars in the hole.

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