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Chubb Ltd. said Friday that it is no longer participating in a National Rifle Association insurance program, a move hailed by a gun control advocacy group.
“Three months ago, Chubb provided notice of our intent to discontinue participation in the NRA Carry Guard insurance program under the terms of our contract,” the insurer said in a statement.
MetLife Inc. also announced it was severing ties with the NRA, saying on Twitter: “We value all our customers but have decided to end our discount program with the NRA.”
NRA Carry Guard provides coverage for gun owners who face legal or other costs for self-defense shootings.
A page on Lockton Cos. L.L.C.’s website describing the program, which is administered by Lockton Affinity L.L.C., offers four kinds of coverage, ranging from bronze offering up to $250,000 in civil protection and $50,000 in criminal defense, to “gold plus,” offering up to $1.5 million in civil protection and $250,000 in criminal defense. Prices range from $13.95 a month to $49.95 a month.
The Fairfax, Virginia-based NRA has been the center of controversy, most recently following the Feb. 14 mass shooting at Marjory Stoneman Douglas High School in Parkland, Florida, which killed 17 students and staff.
Washington, D.C.-based gun control advocacy group Guns Down praised the decision. The organization said Chubb terminated the insurance program a month after Guns Down and another group, Color of Change, launched a campaign condemning the insurance program. Guns Down also called upon Lockton to follow suit and pull out of the program.
Chubb did not comment further than its statement. Lockton, the NRA and Guns Down did not respond to requests for comment.
(Reuters) — The families of some of the 26 children and educators killed at a Connecticut elementary school in 2012 asked the state's top court on Tuesday to overturn a lower court's dismissal of their lawsuit against the maker of the gun used in the massacre.