Brewer, Attorneys & Counselors represents the National Rifle Association (NRA) in a lawsuit against insurance broker Lockton Companies, alleging that Lockton breached its contract with the NRA in connection with the NRA Carry Guard insurance program.
The Wall Street Journal first reported on the lawsuit in an article, “National Rifle Association Sues Its Insurance Broker,” dated May 4, 2018. The lawsuit against Lockton was filed in federal court on May 4 in northern Virginia. According to press reports, Lockton was fined $7 million by New York regulators and agreed to no longer provide various insurance programs in New York.
Bloomberg News also reported on the filing and quoted the complaint: “In the face of this politically motivated coercion, Lockton should have honored its fiduciary obligations and longstanding business relationship with the NRA and taken full responsibility for any compliance related concerns…Simply put, Lockton ceased to protect the NRA and its interests.”
Bloomberg quoted firm partner William A. Brewer III on the lawsuit.
“The NRA will take appropriate steps to make sure law-abiding gun owners in New York and across the country have access to the insurance coverage they need,” Brewer told Bloomberg News. “Such actions unduly burden the free market system and impact law-abiding members of the NRA.”