Washington–A bill with insurers' backing that would shield gun manufacturers and sellers from liability lawsuits if a legally sold gun is used in a crime passed the Senate today, effectively paving the way for the measure to become law.

The legislation, known as S. 397 or the Protection of Lawful Commerce in Arms Act, was introduced by Sen. Larry Craig, R-Idaho.

Several groups representing both agents and insurance companies–including the American Insurance Association, the Council of Insurance Agents and Brokers, the Independent Insurance Agents & Brokers of America, the National Association of Mutual Insurance Companies, and the Property Casualty Insurers Association of America–expressed their support for the bill in a letter sent to Majority Leader Bill Frist, R-Tenn., July 20.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.