Lloyd's of London has also announced that it will tell its syndicates to stop writing or offering all insurance made available or endorsed by the NRA. (Photo: sundrawalex / iStock)

The New York Department of Financial Services has fined an insurance broker, Lockton Affinity, $7 million in connection with sales of a National Rifle Association (NRA)-branded "Carry Guard" insurance program and similar products for gun owners, and also separately fined a subsidiary of Chubb Group Holdings $1.3 million for underwriting the same type of insurance, as part of consent orders with the companies.

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MP McQueen

MP McQueen is editor-at-large, and can be reached at [email protected]