December 8, 2025 Announcements 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 are ongoing and apply to every insurer, adjuster, producer, and insurance professional conducting business within the State of New Mexico. […] Read More
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 […] Read More
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 […] Read More
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 […] Read More
November 13, 2025 Bulletins APPLICATION OF OPEN ENROLLMENT AND SPECIAL ENROLLMENT PERIODS TO INDIVIDUAL OFF-EXCHANGE PLANS BULLETIN 2025-014: This bulletin repeals and replaces Bulletin No. 2023-037 issued on December 13, 2023. The New Mexico Office of Superintendent of Insurance (OSI) is issuing this bulletin to clarify the application of annual open enrollment periods (OEPs) and special enrollment periods (SEPs) to the sale of individual, fully-insured, major medical plans that meet qualified health plan […] Read More
October 30, 2025 Bulletins DECEPTIVE MARKETING AND ADVERTISING PRACTICES BULLETIN 2025-012: This bulletin repeals and replaces Bulletin 2020-013. The New Mexico Office of Superintendent of Insurance (OSI) is charged with protecting New Mexicans from misleading and deceptive practices connected to the marketing and advertising of excepted health benefit plans, i.e., limited benefit plans that do not offer the full coverage required by the Affordable Care Act […] Read More
October 28, 2025 Bulletins REQUIRED DISCLOSURE TO AUTOMOBILE INSURANCE POLICYHOLDERS THAT UNINSURED MOTORIST / UNDERINSURED MOTORIST (“UM/UIM”) COVERAGE MUST BE OFFERED ON A PER-VEHICLE COST BASIS BULLETIN 2025-013: This Bulletin adds to the existing UM/UIM Disclosure and Exclusion requirements that continue to be required by Bulletin 2021-024. This Bulletin is issued following the court opinion in Kileen v. Didio, New Mexico Supreme Court Docket No. S-1-SC 39256, filed June 30, 2025 (Kileen). The Kileen opinion created the following law: After careful consideration, we […] Read More
October 24, 2025 Announcements NOTICE OF EXTENSION OF COMMENT PERIOD AND CHANGE IN HEARING DATE Case number for this matter is 2025-0118. To review the complete record in this matter, including all filed documents, please visit the OSI eDocket. NOTICE IS HEREBY GIVEN that the Office of Superintendent of Insurance (OSI or Superintendent) scheduled a public comment period and a public hearing in person, via video conference, and via telephone […] Read More
October 21, 2025 Bulletins IT IS A PROHIBITED UNFAIR CLAIMS PRACTICE FOR PROPERTY OR HOMEOWNER’S INSURERS AND PRODUCERS TO TREAT AN APPLICANT’S OR INSURED’S INQUIRY RELATING TO DAMAGE OR LOSS AS A CLAIM WHEN THE FACTS OF THE INQUIRY ARE NOT COVERED BY THE POLICY WHERE CERTAIN ELEMENTS ARE MET BULLETIN 2025-010: THIS BULLETIN is effective immediately and is issued pursuant to Sections 59A-2-8, 59A-2-10, and 59A-4-3 NMSA 1978 and 13.1.2.9 NMAC. The Office of Superintendent of Insurance expects all property and casualty insurance companies to act in good faith and to use fair claims practices that comply with state law. The purpose of this Bulletin is […] Read More
October 15, 2025 News Releases COVERAGES FOR COMMERCIAL PROPERTIES IN NEW MEXICO FAIR PLAN INCREASE FROM $1 MILLION TO $2 MILLION Contact: Melissa Robertson, Property and Bureau ChiefEmail: Melissa.Robertson@osi.nm.gov Santa Fe, NM – The New Mexico Office of the Superintendent of Insurance (OSI) announced today that coverages for commercial properties under the New Mexico Fair Access to Insurance Requirements (FAIR) Plan have increased from $1 million to $2 million. This move will continue the positive trajectory […] Read More
