• Request for Proposals

    We are one of New Mexico’s consumer protection agencies, and we’re here to play an active role in making sure insurance of all types is affordable and accessible for our community by bringing transparency to the insurance world.

Important Notice:

If any modifications (which includes any amendments) to this solicitation are issued, they will be posted at this same Internet site. Potential offerors WILL NOT be automatically notified of the existence of a modification. It is the offeror’s responsibility to monitor the listings periodically to see if any modifications have been included.

  • There are currently no active RFP opportunities. Please check back often for updates.
  • REQUEST FOR PROPOSALS FOR PROVIDING ACTUARIAL AND CONSULTING SERVICES FOR ALL HEALTH PRODUCT LINES 
    RFP #2026-0005
  • RELEASE DATE: OCTOBER 10, 2025
  • DUE DATE: DECEMBER 4, 2025, 3 PM MST/MDT
  • PURPOSE:  The purpose of this Request for Proposals (“RFP”) is to solicit sealed proposals to establish a contract through competitive negotiations for proposals from qualified actuarial firms to provide professional actuarial and consulting services.
  • These services are intended to support the daily operations of the Life and Health Product Filing Bureau. Pursuant to Section 59A-18-13.3 New Mexico Statutes Annotated (NMSA) 1978, OSI is tasked with ensuring health insurance rates are not excessive, inadequate or discriminatory. The actuary will provide technical expertise in analyzing costs, designing data collection, and modeling potential impacts of expanding access to reproductive health and family planning services in New Mexico.  The selected firm will be expected to deliver high-quality, timely, and accurate actuarial services in accordance with applicable actuarial standards of practice, state and federal regulations, and the specific needs of the OSI.
  • PROPOSAL DUE DATE AND TIME: Completed Proposals must be emailed with the required attachments to osi-rfp@state.nm.us no later than 3:00 p.m. MST/MDT on December 4, 2025. Proposals received will be date and time upon receipt. Proposals received after the due date and time will not be accepted.
  • REQUEST FOR PROPOSALS FOR THIRD PARTY ADMINISTRATOR AND/OR LIABILITY CLAIMS ADJUSTER SERVICES FOR THE NEW MEXICO PATIENT’S COMPENSATION FUND (PCF)
    RFP #2026-0004
    RELEASE DATE: September 19, 2025
    DUE DATE: October 9, 2025, 3 PM MST/MDT
    PURPOSE: The purpose of this Request for Proposals (“RFP”) is to solicit sealed proposals to establish a contract through competitive negotiations for the procurement of professional services for the administration and operation of the Patient’s Compensation Fund (the “PCF”) by a qualified, licensed third-party administrator, and/or claims adjuster as required by NMSA 1978, § 41-5-25 of the New Mexico Medical Malpractice Act, NMSA 1978, §§ 41-5-1 to 41-5-29 (2021) (the “MMA”).
    PROPOSAL DUE DATE AND TIME: Completed Proposals must be emailed with the required attachments to osi‑rfp@state.nm.us no later than 3:00 p.m. MST/MDT on October 9, 2025.
  • REQUEST FOR PROPOSALS FOR ADMINISTRATION AND OPERATION OF THE PATIENT’S COMPENSATION FUND
    RFP #2026-0003
    RELEASE DATE: AUGUST 22, 2025
    DUE DATE: SEPTEMBER 11, 2025, 3 PM MST/MDT
    PURPOSE: The purpose of the Request for Proposal (RFP) is to solicit sealed proposals to establish a contract through competitive negotiations for the administration and operation of the Patient’s Compensation Fund (the “PCF”) by a qualified, licensed third-party administrator, as required by NMSA 1978, § 41-5-25 of the New Mexico Medical Malpractice Act, NMSA 1978, §§ 41-5-1 to 41-5-29 (2021) (the “MMA”).
    PROPOSAL DUE DATE AND TIME: Completed Proposals must be emailed with the required attachments to osi‑rfp@state.nm.us no later than 3:00 p.m. MST/MDT on September 11, 2025. Proposals received will be date and time stamped upon receipt. Proposals received after the due date and time will not be accepted.
    1. POSTED RFP 2026-0003 Third Party Admin PCF_8.22.2025.pdf
    2. POSTED RFP 2026-0003 Third Party Admin PCF_8.22.2025.docx
  • Sole Source Contract: 25-440-1000-00025
    1. Contactor Name: Marsh & Mclennan Companies Inc. / Guy Carpenter and Co.
    2. Services: Provide a view of risk and risk management plan for the New Mexico FAIR Plan. Includes residual market clients. Phase 2 and 3. As a result of the recent wildfires experienced by the residents of the state, concerns have developed around the affordability and stability of the insurance market, assess the existing and developing concerns regarding availability and affordability of homeowner insurance in the state.
    3. Qty: Term of contract 11/4/2024 – 06/30/2025
    4. Amount of Contract: $ 375,000
  • Sole Source Contract: 25-440-1000-00025 01 (AM#1)
    1. Contractor Name: Marsh & Mclennan Companies Inc. / Guy Carpenter and Co.
    2. Services: Reduce contract amount by $100K and remove Phase 3 from this project.
    3. Qty: Term of contract: 4/4/2025 – 06/30/2025
    4. Amended Amount: $137,500
  • Sole Source Contract: 25-440-1000-00039
    1. Contractor Name: IBIS Actuarial Consulting LLC
    2. Services: Provide actuarial and consulting services for all health product lines.
    3. Qty: 1-yr. Term of Contract 12/31/2024 – 12/30/2025
    4. Amount of Contract: $710,000
  • Sole Source Contract: 25-440-1000-00056
    1. Contractor Name: Murray and DiBella, Martin Murray
    2. Services: Assist with legal representation pertaining to District Court proceedings between OSI and State Farm Fire and Casualty Company.
    3. Qty: 1-yr. Term of Contract 4/10/2025 – 4/9/2026
    4. Amount: $1,695,000
  • Sole Source Contract: 26-440-1000-00170
    1. Contractor Name: Center for the Study of Services, Consumer Checkbook
    2. Services: Work with NM OSI to migrate all data to NM OSI servers, train OSI staff provide ongoing support, development, and fixes. Assist with analysis of the data submitted during the 2025 reporting period, analyzing local and national drug trends, and assisting with development of an annually mandated legislative report.
    3. Qty: Term of Contract: 1-yr term from 11/24/2025 – 11/23/2026
    4. Amount: $ 99,631.25

Recent News

Get the latest information about rule changes, legislation, industry information and consumer news.

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November 18, 2025 Bulletins

CLARIFICATION ON COORDINATION OF BENEFITS (COB) PROVISIONS FOR MINOR CHILDREN

BULLETIN 2025-015: This bulletin is issued in accordance with Sections 59-2-8, 59A-2-10, 59A-16-11(B) and 59A-46-31 NMSA 1978, and 13.1.2 and 13.10.13.11(B)(2) NMAC. The purpose of this bulletin is to clarify the position of the Office of Superintendent of Insurance (OSI) regarding allowable coordination of benefits provisions for a dependent child covered under more than one health insurance […]

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December 8, 2025 Announcements

Mandatory Reporting Requirements Under the New Mexico Insurance Fraud Act

NOTICE TO ALL LICENSEES, INSURERS, AND INSURANCE PROFESSIONALS Subject: Mandatory Reporting Requirements Under the New Mexico Insurance Fraud Act   This notice serves as an official reminder that all insurers and licensed insurance professionals are required to comply with the mandatory reporting and cooperation requirements established under the New Mexico Insurance Fraud Act. These obligations […]

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November 17, 2025 News Releases

NEW MEXICO OFFICE OF THE SUPERINTENDENT OF INSURANCE HOSTS TOWN HALL IN SILVER CITY ON WILDFIRE PREPAREDNESS, MITIGATION AND INSURANCE RESOURCES

Contact: Elouisa Macias, Consumer Assistance Bureau ChiefEmail: Elouisa.Macias@osi.nm.gov Santa Fe, NM – On Wednesday, the Office of the Superintendent of Insurance (OSI) hosted a town hall in Silver City, NM related to wildfire preparedness and insurance resources. The town hall was moderated by Elouisa Macias, Consumer Assistance Bureau Chief, Civil Investigations Bureau at OSI. The […]

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