Lockton Cos. LLC agreed to pay the New York Department of Financial Services (DFS) $7 million as part of a consent order for offering National Rifle Association "Carry Guard" insurance in violation of state law in New York.
Lockton agreed to no longer participate in the Carry Guard program or any other insurance program involving the NRA, directly or indirectly, in the state of New York.
"DFS will not tolerate conduct by any entity, licensed or otherwise, in contravention of New York insurance…
Lockton Cos. LLC agreed to pay the New York Department of Financial Services (DFS) $7 million as part of a consent order for offering National Rifle Association "Carry Guard" insurance in violation of state law in New York.
Lockton agreed to no longer participate in the Carry Guard program or any other insurance program involving the NRA, directly or indirectly, in the state of New York.
"DFS will not tolerate conduct by any entity, licensed or otherwise, in contravention of New York insurance…