July 24, 2024 Announcements NOTICE RE: SALT AND SOUTH FORK WILDFIRE CLAIMS Due to the recent wildfires in Lincoln County and the Mescalero Apache Reservation, New Mexico, the Superintendent of Insurance is requesting that all property and casualty insurers doing business in New Mexico take the actions described below with respect to any personal property claims filed by victims of the Salt and South Fork wildfires who […] Read More
July 23, 2024 News Releases NEW MEXICO SUPERINTENDENT OF INSURANCE ISSUES A STATEMENT FOLLOWING SANTA FE DISTRICT COURT’S DECISION Contact: Colin Baillio, Deputy Superintendent Santa Fe, NM – Today, the Santa Fe District Court ruled that it would not require State Farm and Casualty Company (“State Farm”) to comply with the provision of the New Mexico Superintendent of Insurance’s Amended Emergency Order that sought to require insurance companies to pay $5,000 in living expenses […] Read More
July 2, 2024 Announcements Summer Health Care Consolidation Feedback Sessions Please see the public meeting schedule for the Summer Health Care Consolidation Feedback Sessions. The public is welcome to join in-person or virtually. We look forward to hearing from the public and stakeholders about this important topic. The Gallup meeting will be held at 207 West Hill Ave Extension 2nd Floor, Gallup NM 87301. Specific […] Read More
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 27, 2024 Bulletins MEDICAL MALPRACTICE PREMIUM REDUCTION BULLETIN 2024-0012: 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 27, 2024 Bulletins SMALL BUSINESS HEALTH INSURANCE PREMIUM RELIEF INITIATIVE PREMIUM REDUCTION PERCENTAGE FOR COVERAGE BULLETIN 2024-011: 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 sets forth program parameters, requirements for issuers, and the Office of Superintendent of Insurance’s (OSI’s) responsibilities under the Small Business Health Insurance Premium Relief Initiative established in […] 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
