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Violation Tracker Individual Record

Company: National Rifle Association
Penalty: $2,500,000
Year: 2020
Date: November 18, 2020
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: The NRA agreed to pay $2.5 million to resolve allegations that, despite lacking a license to conduct insurance business in New York, it violated various New York insurance laws and regulations by, among other things, acting as an insurance producer without a license in participating in efforts to solicit and market the sale of insurance products, including the NRA's Carry Guard insurance program.
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.