A Department of Financial Services investigation, which began in October 2017, found the NRA "Carry Guard" insurance program unlawfully provided liability insurance to gun owners for certain acts of intentional wrongdoing, and improperly provided insurance coverage for criminal defense costs for gun owners and their resident family members who may be charged with certain crimes involving a firearm. The NRA, which does not have a license from DFS to conduct insurance business in New York, actively marketed and solicited for the "Carry Guard" program through a website, email, and direct mail, among other channels.

DFS entered into consent orders with a participating insurance company and insurance broker in May 2018 and is currently conducting an ongoing investigation into what the NRA knew, and how they were profiting from marketing this illegal product in New York State. As part of the consent orders, the insurance company, Chubb, agreed to pay a $1.3 million penalty and stop underwriting these policies in New York. The broker/administrator, Lockton, agreed to pay $7 million for selling and marketing an illegal product in New York.
https://www.governor.ny.gov/news/governor-cuomo-launches-nat...