Chubb Subsidiary Fined $1.3M for Underwriting NRA-Branded Insurance

The New York Department of Financial Services (DFS) has fined Chubb Ltd. and its subsidiary, Illinois Union Insurance Company, $1.3 million for underwriting the National Rifle Association (NRA)-branded Carry Guard insurance program, through Lockton Affinity, in violation of New York …

from News – Insurance Journal