Congresswoman CarolynMaloney has introduced a bill that would require gun buyers toprovide proof of insurance before being allowed to purchase aweapon. The bill will impose a $10,000 fine if the gun buyer isfound not to have the coverage. Servicemen and police officerswould be exempt.

The goals for her bill include:

1. Allowing the insurance industry to encourage cautiousbehavior through pricing and underwriting.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
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.