June 27, 2024 Bulletins SMALL BUSINESS HEALTH INSURANCE PREMIUM RELIEF INITIATIVE PREMIUM REDUCTION PERCENTAGE INCREASES BULLETIN 2024-010: THIS BULLETIN is issued pursuant to NMSA 1978, Section 59A-23F-11, which established the Health Care Affordability Fund to “reduce premiums for small businesses and their employees.” This Bulletin temporarily increases the Premium Reduction Percentage under the Small Business Health Insurance Premium Relief Initiative established in 13.10.36.11 NMAC. SMALL BUSINESS HEALTH INSURANCE PREMIUM RELIEF INITIATIVE PREMIUM […] Read More
June 21, 2024 Announcements OSI Support Booth in Roswell The Office of Superintendent of Insurance (OSI) will have a booth along with the CAT Teams from Insurance carriers, FEMA, Homeland Security, the Red Cross, and several other State and Federal Agencies located at the Roswell Convention & Civic Center at 912 N Main Street for assistance with questions, concerns, and Insurance Claims and questions […] Read More
June 21, 2024 Announcements OSI Publishes Guidance and FAQs on Medical Malpractice Premium Relief Program 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
June 20, 2024 News Releases Superintendent of Insurance Issues Emergency Order Contact: Colin Baillio – email: colin.baillio@osi.nm.gov Santa Fe, NM – Pursuant to Governor Lujan Grisham’s Executive Order in response to the devastating Salt Fire and South Fork Fire impacting Lincoln County and the Mescalero Apache Reservation, the New Mexico Office of Superintendent of Insurance (OSI) issued an Emergency Order to provide enhanced insurance protections and […] Read More
June 18, 2024 Bulletins HEALTH INSURANCE POLICIES AND THE SALT AND SOUTH FORK WILDFIRES BULLETIN 2024008: 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 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
