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
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
September 22, 2025 News Releases NEW MEXICO OFFICE OF THE SUPERINTENDENT OF INSURANCE APPROVES 2026 HEALTH INSURANCE PREMIUM RATES FOR SMALL GROUP HEALTH INSURANCE MARKET Santa Fe, NM – The New Mexico Office of the Superintendent of Insurance (OSI) has approved 2026 health insurance premium rates for the small group health insurance market. The average increase across all plans is 16.8%. The new rates take effect on January 1, 2026, when health insurance small group consumers in New Mexico will […] Read More
August 26, 2025 News Releases NEW MEXICO SUPERINTENDENT OF INSURANCE URGES CONSUMERS TO UNDERSTAND THEIR ROLE IN THE PRIOR AUTHORIZATION PROCESS Santa Fe, NM – The New Mexico Office of Superintendent of Insurance urges all health insurance consumers to actively monitor the status of any prior authorization requests submitted on their behalf. Prior authorization is your health insurance company’s review of a request for medication, procedure, or specialist visits before you get care. Sometimes prior authorization […] Read More
August 19, 2025 News Releases NEW MEXICO ANNOUNCES SIGNIFICANT RATE INCREASES FOR 2026 ACA PLANS, STATE PREMIUM SUPPORT WILL CONTINUE TO HELP ENROLLEES WITH COSTS Santa Fe, NM – The New Mexico Office of the Superintendent of Insurance (OSI) has approved 2026 rates for individual market Affordable Care Act (ACA) plans sold on and off BeWell, the New Mexico Health Insurance Marketplace, with an average increase of 35.7%. Today, 75,000 New Mexicans buy health insurance through BeWell and 88% of […] Read More
July 16, 2025 News Releases New Mexico Office of Insurance Superintendent Highlights Benefits of NM FAIR Plan Amidst Wildfire Season, Underscores Urgent Need to Raise Both Commercial & Residential Rates and Bolster Mitigation Efforts Santa Fe, NM – As New Mexico is well into peak wildfire season this year, the Office of the Superintendent of Insurance (OSI) is reminding residents about the benefits of the New Mexico Fair Access to Insurance Requirements (FAIR) Plan. New Mexico Superintendent of Insurance Alice Kane approved the increased maximum residential property insurance limits […] Read More
June 18, 2025 News Releases Superintendent of Insurance issues Emergency Order to provide enhanced Insurance Protections for New Mexicans impacted by the WildFires Contact: Elouisa Macias, Consumer Assistance Bureau ChiefEmail: Elouisa.Macias@osi.nm.gov Santa Fe, NM – Pursuant to Governor Lujan Grisham’s Executive Order in response to the devastating Trout Fire impacting Grant County, the New Mexico Office of Superintendent of Insurance (OSI) issued an Emergency Order to provide enhanced insurance protections and support for policyholders in fire-impacted areas over […] Read More
March 7, 2025 News Releases Office of the Superintendent of Insurance Moves Forward with Interim Solution to Increase New Mexico FAIR Plan Policy Limits for Wildfire Prone Areas Statewide Superintendent Kane says more needs to be done for homeowners and small business and praises efforts of Senators Wirth and Ramos, and Representatives Vincent and Gonzales to Raise Insurance Protections for All New Mexicans Santa Fe, NM – Citing an immediate need to help New Mexico residents rebuild their homes destroyed by wildfires, New Mexico […] Read More
January 16, 2025 News Releases Protecting New Mexico Residents Living in High-Risk Wildfire Areas Focus of Initiative New Mexico State Senator Peter Wirth and State Representative Harlan Vincent and the Office of the Superintendent of Insurance Partner for the Fair Access to Insurance Requirements (FAIR) Plan The New Mexico Office of the Superintendent of Insurance (OSI) is taking steps to shore up resources to protect residents and business owners living in high-risk […] Read More
October 23, 2024 News Releases NEW MEXICO SUPERINTENDENT OF INSURANCE ISSUES EMERGENCY ORDER FOLLOWING GOVERNOR LUJAN GRISHAM’S EXECUTIVE ORDER Santa Fe, NM – Pursuant to Governor Lujan Grisham’s Executive Order 2024-155, issued October 21, 2024 in response to the devastating severe flooding impacting Chavez County, the New Mexico Office of Superintendent of Insurance (OSI) issued an Emergency Order to protect access to insurance and the stability of insurance markets during the emergencies declared in […] Read More
