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Violation Tracker Individual Record

Company: Lockton Cos., LLC
Penalty: $7,000,000
Year: 2018
Date: May 2, 2018
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Lockton Cos., LLC and its affiliate Lockton Affinity, LLC agreed to pay a $7 million fine as part of a consent order with the Department of Financial Services for serving as the administrator of the National Rifle Association-branded Carry Guard insurance program, through Lockton Affinity, in violation of New York Insurance Law. The announcement followed a DFS investigation that found the NRA Carry Guard program unlawfully provided liability insurance to gun owners for certain acts of intentional wrongdoing, and improperly provided insurance coverage for criminal defense for any act of self-defense covered under the policy for gun owners and their resident family members who may be charged with a crime involving a firearm.
Level of Government: state
Action Type: agency action
Agency: New York Department of Financial Services
Civil or Criminal Case: civil
Facility State: New York
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.