• Fraud Assessments

    OSI is committed to consumer protection and to the deterrence and prosecution of insurance fraud.

OSI enforces laws passed by the state legislature and follows federal rules, licenses insurers, reviews and approves rate filings, and takes enforcement actions when laws are violated. OSI strives to ensure that these companies have a proven history of fair and reasonable rates and are represented by trustworthy and qualified agents.

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OSI enforces laws passed by the state legislature and follows federal rules, licenses insurers, reviews and approves rate filings, and takes enforcement actions when laws are violated. OSI strives to ensure that these companies have a proven history of fair and reasonable rates and are represented by trustworthy and qualified agents.

Pursuant to NMSA 59A-16C-14 the Insurance Fraud Fund was created to fund the expenses incurred in carrying out the provision of the Insurance Fraud Act.   

When and Where to Pay

The 2026 Fraud Assessments will be available through OPTins August/September 2026.

If you have any questions, please send them to fraudassessment@osi.nm.gov

Thank you for your patience and understanding.

Recent News

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

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MEDICAL MALPRACTICE PREMIUM REDUCTION

AMENDED BULLETIN 2026-010: The New Mexico State Legislature appropriated $5 million to the New Mexico Office of Superintendent of Insurance (OSI) to address medical malpractice insurance costs for individual providers. The appropriation was part of a supplemental appropriation package passed in 2025. This one-time appropriation directs OSI to provide a premium subsidy for private medical malpractice insurance policies. […]

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NOTICE OF PRESCRIPTION DRUG PRICE TRANSPARENCY ANNUAL MEETING

The Office of the Superintendent of Insurance will hold its annual public meeting to present and discuss the findings and recommendations contained in the 2025 Prescription Drug Price Transparency legislative report. The purpose of this meeting is to inform the public of the report’s contents and to provide an opportunity for public comments and questions. […]

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