September 21, 2022 News Releases AUTO THEFT PREVENTION AUTHORITY TO LAUNCH AUTO THEFT DETERRENT PROGRAM FOR 50TH BALLOON FIESTA The Office of Superintendent of Insurance (OSI) New Mexico Auto Theft Prevention Authority (NMATPA) during this year’s 50th International Balloon Fiesta will be providing several auto theft prevention services. Along with the Albuquerque Police Department Auto Theft Unit and APD Real Time Crime Center, OSI NMATPA will be launching the Unit’s GPS Monitoring Services for […] Read More
September 12, 2022 Bulletins COST-SHARING PROTECTIONS FOR CONTRACEPTIVES AND PrEP, AND PrEP ENDORSEMENT REQUIRED BULLETIN 2022-016: The New Mexico Office of Superintendent of Insurance (OSI) has recently received reports of individuals being charged cost-sharing – coinsurance, deductible and copayments – for contraceptives and contraceptive services. Bulletin 2022-016 Read More
August 29, 2022 Bulletins TERM AND UNIVERSAL LIFE INSURANCE RESERVE FINANCING BULLETIN 2022-015: The purpose of this Bulletin is to clarify the reporting of certain reserve financing transactions specific to term and universal life insurance reserve financing and the applicability of Actuarial Guideline 48 as set forth in the Accounting Practices and Procedures Manual and Valuation Manual of the National Association of Insurance Commissioners (NAIC)… TERM AND UNIVERSAL […] Read More
August 26, 2022 News Releases PHARMACY BENEFIT MANAGERS & CENTENE SETTLEMENT With the encouragement of Governor Michelle Lujan Grisham, yesterday Hector Balderas, the Attorney General, and Russell Toal, the Superintendent of Insurance, sent a joint letter to all licensed Pharmacy Benefit Managers (PBMs) in the state urging them “to review their practices to ensure compliance with all state and federal law, with the Unfair Practices Act […] Read More
August 19, 2022 Announcements Prepare for Flash Flooding in Burn Scar Areas PEOPLE NEAR NEW MEXICO’S BURN SCAR AREAS ARE AT RISK OF FLASH-FLOODING. MONITOR YOUR WEATHER RADIO AND THE DAILY WEATHER FORECAST FOR RAIN, ESPECIALLY IF YOU ARE NEAR OR DOWNHILL FROM BURN SCARS. DANGEROUS CONDITIONS CAN FORM WITHIN MINUTES AND MAY TURN INTO MUDSLIDES WITH FAST-MOVING DEBRIS. SIX INCHES OF WATER CAN KNOCK YOU DOWN […] Read More
August 18, 2022 Announcements Agenda for August 19, 2022 PDTF Meeting This Agenda related to the Governor’s Prescription Drug Task Force (PDTF) meeting set for August 19, 2022 Agenda for August 19, 2022 PDTF Meeting Read More
August 9, 2022 Announcements August 19, 2022 Prescription Drug Task Force Meeting By Executive Order 2022-0086, the Governor established the Prescription Drug Task Force. This Task Force will hold a virtual meeting on Friday, August 19, 2022 at 3:00 PM.. August 19, 2022 Prescription Drug Task Force Meeting Read More
August 5, 2022 Announcements Agenda for August 5, 2022 Task Force Meeting Proposed Agenda Agenda for August 5, 2022 Task Force Meeting Read More
August 2, 2022 Bulletins RATING ERROR REPORTING AND REFUNDS BULLETIN 2022-014: The purpose of this Bulletin is to outline the procedure for insurance companies to follow when a rating error has been identified. This bulletin is issued in accordance with Sections 59A-2-8 and 59A-2-10 NMSA 1978, and with 13.1.2.9 NMAC Bulletin 2022-014 Read More
August 1, 2022 Announcements NOTICE OF MEETING The Office of Superintendent of Insurance (“OSI”) announces a virtual meeting of the New Mexico Automobile Theft Prevention Authority Board of Directors on August 4, 2022, at 1:30 P.M. Notice of Meeting & Agenda Read More
