February 27, 2018 / 2:17 AM / 10 months ago

Insurer Lockton will no longer sell NRA-endorsed policies

People sign up at the booth for the National Rifle Association (NRA) at the Conservative Political Action Conference (CPAC) at National Harbor, Maryland, U.S., February 23, 2018. REUTERS/Joshua Roberts

(Reuters) - Insurance broker Lockton, which has worked with the National Rifle Association on gun show and gun carrying policies, on Monday said it would no longer sell NRA-endorsed products.

Privately held Lockton joins several other financial industry companies ending deals with the NRA in the wake of the shooting that killed 17 people at a Florida high school.

Insurer Chubb Ltd (CB.N) on Friday said it would stop underwriting the “NRA Carry Guard” program that offers protection for gun owners who shoot in self-defense. The New York Department of Financial Services, which regulates insurance in the state, launched an investigation into Carry Guard last year.

Kansas City, Missouri-based Lockton is the administrator of the Carry Guard insurance and NRA-branded insurance for gun show operators.

“Lockton Affinity has notified the NRA that it will discontinue providing brokerage services for NRA-endorsed insurance programs under the terms of its contract,” Lockton said in a tweet.

An NRA spokesman could not be reached immediately for comment.

Reporting by Suzanne Barlyn; Editing by Peter Henderson and Leslie Adler

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