The insurance industry publication Business Insurance reports that Lloyd’s of London affiliates have settled with New York state insurance regulators over its partnering on NRA Carry Guard self-defense insurance.
In addition to paying $5 million, the insurers agreed to not issue insurance policies to cover liability from self-defense shootings. They also agreed to “not enter into any agreement or program with the NRA to underwrite or participate in any affinity-type insurance program involving any line of insurance covering persons or entities whose home state is New York.” In addition, they agreed to cancel existing policies.
Note that last sentence:
In addition, they agreed to cancel existing policies.