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Insurer Chubb says will stop underwriting NRA insurance for gun owners
Reuters ^
| 2/23/2018
| Reuters Staff
Posted on 02/23/2018 3:12:38 PM PST by Patriotic1
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I just left a few words out as the excerpt. No real need to click through.
To: Patriotic1
Hope their business tanks.
2
posted on
02/23/2018 3:13:56 PM PST
by
mass55th
(Courage is being scared to death - but saddling up anyway...John Wayne)
To: Patriotic1
More business for companies with leaders that have balls.
And Insurer Chubb sounds more like the Yugo of insurance firms.
In any case, that’s another name to take bodacious Obamas on.
3
posted on
02/23/2018 3:15:47 PM PST
by
Da Coyote
To: Patriotic1
tyrants always looking for a reason to disarm people and make it harder to have LEGAL gun ownership.
the left’s march toward totalitarianism knows no boundary.
To: Patriotic1
5
posted on
02/23/2018 3:17:10 PM PST
by
Not A Snowbird
(A year in Arizona... and I haven't burst into flames yet.)
To: Patriotic1
It isn’t an actuarial decision, it’s a political one, and therefore a stupid one for an insurance company that wishes to turn a profit.
To: Patriotic1
All of these companies which are cutting ties to the NRA should suffer the economic consequences through loss of business by NRA members and all others who value their 2nd Amendment rights. The same message should go to all other companies who are thinking about taking a “virtue signaling” public stance.
7
posted on
02/23/2018 3:20:30 PM PST
by
Truth29
To: Billthedrill
I took a CC class about a month ago, and this was one of the companies they mentioned. It’s very important to have CC insurance. So I will look into the others...
8
posted on
02/23/2018 3:21:19 PM PST
by
Patriotic1
(Dic mihi solum facta, domina - Just the facts, ma'am)
To: Billthedrill
9
posted on
02/23/2018 3:21:41 PM PST
by
upchuck
(Keep a sharp lookout. The best is yet to come.)
To: Patriotic1
Never will figure out how so many businesses arrive at decisions by sticking their finger in the air.
10
posted on
02/23/2018 3:21:53 PM PST
by
LeoTDB69
To: Patriotic1; All
Chubb gave notice three months ago of its plan to stop participating in the NRA insurance program, known as NRA Carry Guard,Happened three months ago, so it has no relationship to the current hate filled environment.
To: Patriotic1
Three months ago. Probably a commercial decision more than anything else. Chubb, as a major insurer, probably charges higher premiums than the other ones listed by the NRA. That would have led to the company getting a much smaller slice of the NRA membership’s business.
12
posted on
02/23/2018 3:25:29 PM PST
by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
To: mass55th
A chubb....baitfish.
13
posted on
02/23/2018 3:25:53 PM PST
by
Bonemaker
(invictus maneo)
To: mass55th
A chubb....baitfish.
14
posted on
02/23/2018 3:26:28 PM PST
by
Bonemaker
(invictus maneo)
To: Patriotic1
No Chubb insurance for the Kehoes.
5.56mm
15
posted on
02/23/2018 3:27:29 PM PST
by
M Kehoe
To: Patriotic1
Wondering if Chubb has been promised anything for bailing in terms of sweetheart deals from local/state/federal government entities...
16
posted on
02/23/2018 3:27:44 PM PST
by
mewzilla
(Has the FBI been spying on members of Congress?)
To: Patriotic1
What is to stop, say, Allstate from denying auto insurance to someone with a concealed carry permit?
Isn't there some point where this becomes an unfair business practice due to companies denying service for political reasons that have nothing to do with the use of their products?
-PJ
17
posted on
02/23/2018 3:28:32 PM PST
by
Political Junkie Too
(The 1st Amendment gives the People the right to a free press, not CNN the right to the 1st question.)
To: Patriotic1
18
posted on
02/23/2018 3:28:51 PM PST
by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
To: Political Junkie Too
What is to stop, say, Allstate from denying auto insurance to someone with a concealed carry permit?
The fact that people with concealed carry permits are better insurance risks and therefore more profitable? Unlike gun insurance, auto insurance is a high revenue, but dog-eat-dog business. I can’t see any CEO taking that step and risking his cushy spot when the inevitable margin erosion causes payout ratios to spike and earnings to fall.
19
posted on
02/23/2018 3:33:10 PM PST
by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
To: Da Coyote
“And Insurer Chubb sounds more like the Yugo of insurance firms.”
On the contrary, Chubb is the Rolls Royce of insurance companies. Believe me, I am profoundly disappointed at Chubb’s decision.
20
posted on
02/23/2018 3:33:11 PM PST
by
ought-six
(Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
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