June 18, 2024 Bulletins PAYMENT OF AUTOMOBILE LOSS CLAIMS FOLLOWING THE SALT AND SOUTH FORK WILDFIRES BULLETIN 2024009: This bulletin is issued in accordance with Sections 59A-2-8, 59A-2-10 and 59A-4-3 NMSA 1978, and with 13.1.2.9 NMAC. Upon an order by the Governor based upon the invocation of a state of emergency under the All Hazard Emergency Management Act, the Superintendent of Insurance, may “take those actions necessary to ensure access to insurance and […] Read More
June 18, 2024 Bulletins PAYMENT OF RESIDENTIAL PROPERTY LOSS CLAIMS FOLLOWING THE SALT AND SOUTH FORK WILDFIRES BULLETIN 2024-007: This bulletin is issued in accordance with Sections 59A-2-8, 59A-2-10 and 59A-4-3 NMSA 1978, and with 13.1.2.9 NMAC. Upon an order by the Governor based upon the invocation of a state of emergency under the All Hazard Emergency Management Act, the Superintendent of Insurance, may “take those actions necessary to ensure access to insurance and […] Read More
June 13, 2024 Bulletins MEDICAL MALPRACTICE PREMIUM REDUCTION BULLETIN 2024006: The New Mexico State Legislature appropriated $15.4 million to the New Mexico Office of Superintendent of Insurance (OSI) to address medical malpractice insurance costs for individual providers and independent group practices. The appropriation was part of a supplemental appropriation package passed in 2023 that provided each legislator and Governor Michelle Lujan Grisham with targeted appropriations […] Read More
May 31, 2024 News Releases NEW MEXICO SUPERINTENDENT OF INSURANCE ANNOUNCES KICKOFF MEETING FOR HEALTH CARE CONSOLIDATION Santa Fe, NM – Today, the New Mexico Office of Superintendent of Insurance (OSI) announced it will hold a kickoff meeting for public and stakeholder engagement related to oversight of health care consolidation. The kickoff meeting will be held at 2:00 PM MDT on June 7, 2024 at the UNM Lobo Rainforest at 101 Broadway […] Read More
May 2, 2024 News Releases NEW MEXICO SUPERINTENDENT OF INSURANCE URGES CONSUMERS TO PROTECT THEMSELVES AGAINST IDENTITY THEFT AFTER CYBERATTACKS Santa Fe, NM – The Office of the Superintendent of Insurance (“OSI”) is urging consumers to take action to protect their personal information from identity theft following Change Healthcare’s cyberattack on February 21, 2024. On February 21, 2024, Change Healthcare, a company which handles 50% of all medical claims across the county, experienced a cyberattack […] Read More
April 19, 2024 Bulletins 2024 LONG TERM CARE DATA CALL BULLETIN 2024005: Pursuant to the Superintendent’s authority under NMSA 1978, § 59A-4-3, which authorizes the OSI to “direct an inquiry to any person subject to supervision under the Insurance Code,” the OSI is requesting that all insurers offering long term care insurance policies in New Mexico to provide the information contained in this link, via SERFF. Filings […] Read More
April 19, 2024 News Releases NEW MEXICO SUPERINTENDENT OF INSURANCE ANNOUNCES COVERAGE OF OVER-THE-COUNTER BIRTH CONTROL PILL Santa Fe, NM – The Office of the Superintendent of Insurance (“OSI”) has confirmed that New Mexico insurance carriers are providing coverage for Opill, the first over-the-counter birth control pill approved by the Food and Drug Administration (“FDA”). On July 13, 2023, the FDA approved the first over-the-counter birth control pill, Opill. The FDA’s approval […] Read More
April 17, 2024 Announcements POST-ROUNDTABLE MEETING NOTICE- IMPLEMENTATION OF SENATE BILL 15 The New Mexico Office of Superintendent of Insurance (OSI) held an in-person and virtual roundtable meeting on April 17, 2024, at 10:00a.m. to discuss the emergency rule that will implement the requirements of Senate Bill 15 passed in the 2024 legislative session. The purpose of this roundtable meeting was to informally discuss the adoption of […] Read More
April 11, 2024 Announcements NOTICE OF ROUNDTABLE MEETING: Implementation of Senate Bill 15, Health Care Consolidation Oversight The New Mexico Office of Superintendent of Insurance (OSI) has scheduled an in-person and virtual roundtable meeting on April 17, 2024, at 10:00a.m. to discuss the emergency rule that will implement the requirements of Senate Bill 15 passed in the 2024 legislative session. The purpose of this roundtable meeting is to informally discuss the adoption […] Read More
March 26, 2024 Announcements Are you having difficulties finding Property Insurance? New Mexico Property Insurance Program is the underwriting association for the New Mexico F.A.I.R. plan (Fair Access to Insurance Requirements). The New Mexico FAIR Plan Act was enacted by the legislature in 1969 to provide essential property insurance to qualified applicants in the State of New Mexico who are unable to secure such insurance in […] Read More
