Posted on 02/23/2018 3:12:38 PM PST by Patriotic1
Insurer Chubb Ltd on Friday said that it will stop underwriting a National Rifle Association-branded insurance policy for gun owners. Chubb gave notice three months ago of its plan to stop participating in the NRA insurance program, known as “NRA Carry Guard,”
(Excerpt) Read more at reuters.com ...
Hope their business tanks.
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.
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.
Never heard of them.
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.
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.
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...
Amen.
Never will figure out how so many businesses arrive at decisions by sticking their finger in the air.
Happened three months ago, so it has no relationship to the current hate filled environment.
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.
No Chubb insurance for the Kehoes.
5.56mm
Wondering if Chubb has been promised anything for bailing in terms of sweetheart deals from local/state/federal government entities...
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
The CEO, Evan Greenberg, is the son of former AIG CEO Hank Greenberg. Unlike his dad, the guy’s a Democrat.
https://www.campaignmoney.com/political/contributions/evan-greenberg.asp?cycle=16
What is to stop, say, Allstate from denying auto insurance to someone with a concealed carry permit?
“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.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.