New Mexico Statutes
Chapter 59A - Insurance Code
Article 17 - Insurance Rates and Rating

Section 59A-17-1 - Short title. - Chapter 59A, Article 17 NMSA 1978 may be cited as...

Section 59A-17-2 - Scope of article; exemptions. - A. The Insurance Rate Regulation Law applies to all kinds...

Section 59A-17-3 - Purposes of article. - A. The purposes of this article are: (1) to promote...

Section 59A-17-4 - Definitions. - As used in the Insurance Rate Regulation Law: A. "advisory...

Section 59A-17-5 - Administration of insurance rate regulatory law. - The provisions of Chapter 59A, Article 17 NMSA 1978 shall...

Section 59A-17-5.1 - Underwriting guidelines. - A. The superintendent may direct an insurer writing homeowners insurance,...

Section 59A-17-6 - Rate standards. - A. Rates shall not be excessive, inadequate or unfairly discriminatory,...

Section 59A-17-6.1 - Competitive market. - A competitive market is presumed to exist unless the superintendent,...

Section 59A-17-6.2 - Reverse competitive market. - A reverse competitive market for a line, kind or class...

Section 59A-17-7 - Rating methods. - In determining whether rates comply with the rate standards, the...

Section 59A-17-7.1 - Motor vehicle liability; not-at-fault accidents. - A. The rates of a motor vehicle liability insurer shall...

Section 59A-17-8 - Making of rates; workers' compensation; rate calculations; rate classifications. - A. A workers' compensation insurer shall adhere to a uniform...

Section 59A-17-9 - Filing of rates. - A. In regard to filings in competitive markets: (1) for...

Section 59A-17-10 - Repealed. - History: Laws 1984, ch. 127, § 306; 1987, ch. 244,...

Section 59A-17-10.1 - Workers' compensation insurance; policy and rate required for employers not domiciled in state. - No insurer insuring a workers' compensation risk arising from the...

Section 59A-17-11 - Filings open to inspection. - A filing and supporting information filed under Sections 59A-17-9 and...

Section 59A-17-11.1 - Consumer information. - A. The superintendent shall use, develop or cause to be...

Section 59A-17-12 - Insurer must adhere to rates; consent to rate. - A. No insurer shall make or issue a contract or...

Section 59A-17-13 - Grounds and procedures for disapproval of rates. - A. The superintendent shall disapprove a rate for use in...

Section 59A-17-13.1 - Discounts on homeowners' policies for burglary protections. - Any insurer licensed to write homeowner's insurance, as defined by...

Section 59A-17-13.2 - Large commercial policyholders. - A. The superintendent may, by rule, establish a class of...

Section 59A-17-14 - Repealed. - History: Laws 1984, ch. 127, § 310; 1987, ch. 244,...

Section 59A-17-15 - Repealed. - Repeals. — Laws 1987, ch. 244, § 13 repealed 59A-17-15...

Section 59A-17-16 - Requirement for supporting information. - A. By rule, the superintendent may require the filing of...

Section 59A-17-17 - Use of advisory organization filings. - A. An insurer may itself establish rates and supplementary rate...

Section 59A-17-17.1 - Experience modification factor; workers' compensation claims; New Mexico Works Act. - A. Workers' compensation claims by participants as defined in the...

Section 59A-17-18 - Advisory organizations; license required; obligation to provide service. - A. No advisory organization shall provide a service relating to...

Section 59A-17-19 - Advisory organizations; licensing. - A. A person, whether domiciled within or outside this state,...

Section 59A-17-20 - Suspension, revocation of license. - The superintendent shall promptly revoke the license of an advisory...

Section 59A-17-21 - Conduct of advisory organization. - A. An advisory organization shall furnish its services without discrimination...

Section 59A-17-22 - Repealed. - History: Laws 1984, ch. 127, § 318; repealed by Laws...

Section 59A-17-22.1 - Repealed. - History: Laws 1986, ch. 22, § 100; repealed by Laws...

Section 59A-17-23 - Advisory organizations; appeal by minority. - A member of or subscriber to an advisory organization may...

Section 59A-17-24 - Repealed. - History: Laws 1984, ch. 127, § 319a; repealed by Laws...

Section 59A-17-25 - Joint underwriting, joint reinsurance pool and residual market mechanisms. - A. A group, association or other organization of insurers that...

Section 59A-17-26 - Binding agreements by insurers. - No insurer shall assume an obligation to a person other...

Section 59A-17-27 - Cooperative activities authorized. - Cooperation among advisory organizations or among organizations and insurers in...

Section 59A-17-28 - Recording, reporting of experience. - The superintendent shall promulgate or approve reasonable rules, including rules...

Section 59A-17-29 - Exchange of data, consultation authorized. - A. The superintendent may promulgate reasonable rules and plans for...

Section 59A-17-30 - Information to be furnished insureds; hearings and appeals of insureds. - A. Every advisory organization and every insurer that makes its...

Section 59A-17-31 - False or misleading information. - No person shall willfully withhold information from, or knowingly give...

Section 59A-17-32 - Examination of advisory and joint underwriting organizations, joint reinsurance pools and residual market mechanisms. - A. To be informed about any matter related to enforcement...

Section 59A-17-33 - Enforcement; cease and desist, injunctions; penalties. - A. The superintendent shall enforce compliance with the provisions of...

Section 59A-17-34 - Hearings. - A. Any person aggrieved by any action, threatened action or...

Section 59A-17-35 - Appeals from superintendent. - Any order made by the superintendent pursuant to Section 59A-17-34...

Section 59A-17-36 - Rate filing; failure to submit data; penalty. - A. An insurer or advisory organization that makes a rate...