The New York State Department of Financial Services announced the consent order with the powerful gun advocacy group after a three-year investigation. State regulators said the NRA violated insurance laws and regulations by acting as an insurance producer without a license by taking part in efforts to solicit and market insurance products, including the NRA's Carry Guard programme. The NRA is banned from marketing insurance in New York or receiving compensation in connection with any newly issued New York insurance policies for five years, even if the NRA obtains a license, under the order. From 2000 to 2018, the NRA worked with the Lockton Affinity Series of Lockton Affinity, LLC to offer insurance products to NRA members, their families and affiliated businesses in New York. That means the NRA acted as an insurance producer under New York law, requiring the organization to be licensed, according to the DFS.

Source: New Zealand Herald November 18, 2020 18:00 UTC