New Mexico Statutes
Chapter 59A - Insurance Code
Article 18 - The Insurance Contract

Section 59A-18-1 - Scope of article. - Chapter 59A, Article 18 NMSA 1978 applies as to all...

Section 59A-18-2 - "Policy" defined. - As used in this article "policy" means any contract of...

Section 59A-18-3 - "Premium" defined. - As used in the Insurance Code "premium" means the consideration...

Section 59A-18-3.1 - Closed block of business. - As used in Chapter 59A, Article 18 NMSA 1978, "closed...

Section 59A-18-3.2 - "Block of business" defined. - As used in Chapter 59A, Article 18 NMSA 1978, "block...

Section 59A-18-4 - Insurable interest; personal insurance. - A. Any individual of competent legal capacity may procure or...

Section 59A-18-5 - Insurable interest, life insurance; exception when certain institutions designated beneficiary. - A. Life insurance contracts may be entered into in which...

Section 59A-18-6 - Insurable interest, property. - A. No contract of insurance of property or of any...

Section 59A-18-7 - Power to contract for insurance; purchase of insurance or annuity by minor. - A. Any person of competent legal capacity may contract for...

Section 59A-18-8 - Consent of insured; life, health insurance. - No life or health insurance contract upon an individual, except...

Section 59A-18-9 - Alteration of application; life, health insurance. - No alteration of any written application for any life or...

Section 59A-18-10 - Application as evidence. - A. The insured shall not be bound by any statement...

Section 59A-18-11 - Representation in application. - A. The insured shall not be bound by any statement...

Section 59A-18-12 - Filing of forms and classifications; review of effect upon insured. - A. An insurance policy, health care plan or annuity contract...

Section 59A-18-13 - Approval or disapproval of health insurance forms. - A. With policy, endorsement, rider and application forms and classification...

Section 59A-18-13.1 - Adjusted community rating. - A. Every insurer, fraternal benefit society, multiple employer welfare arrangement,...

Section 59A-18-13.2 - Health insurance; health care plan rates filing requirements. - A. All health insurance or health care plan rates filed...

Section 59A-18-13.3 - Health insurance filings; grounds and procedure for approval or disapproval. - A. The superintendent shall issue a final order within sixty...

Section 59A-18-13.4 - Repealed. - History: Laws 2011, ch. 144, § 7; repealed by Laws...

Section 59A-18-13.5 - Review of health insurance or plan rates; appeal to court of appeals from superintendent. - A. In a matter arising from an order of the...

Section 59A-18-13.6 - Pooling of closed blocks of business. - For the purpose of determining the rate of any policy...

Section 59A-18-14 - Grounds, procedure for disapproval. - A. The superintendent shall review any filing, except any filing...

Section 59A-18-15 - Repealed. - Repeals. — Laws 2003, ch. 202, § 16 repealed 59A-18-15...

Section 59A-18-16 - Continuation of coverage and conversion rights; accident and health insurance policies; notice. - Subject to the provisions of the Health Insurance Portability Act:...

Section 59A-18-16.1 - Group coverage discontinuance and replacement. - The superintendent may promulgate reasonable rules and regulations to establish...

Section 59A-18-16.2 - Health insurance or health plan form and rate filings; superintendent; rulemaking; compliance with federal law. - A. A small group health plan and a health insurance...

Section 59A-18-17 - Standard provisions, in general. - A. Insurance contracts shall contain such standard or uniform provisions...

Section 59A-18-18 - Charter, bylaw provisions. - No policy shall contain any provision purporting to make any...

Section 59A-18-19 - Execution of policies. - A. Every policy shall be executed in the name of...

Section 59A-18-20 - Underwriters' and combination policies. - A. Two (2) or more authorized insurers may jointly issue,...

Section 59A-18-21 - Validity, construction of noncomplying forms. - A. A policy delivered or issued for delivery after the...

Section 59A-18-22 - Binders. - A. While acting within the scope of authority granted by...

Section 59A-18-23 - Delivery of policy, motor vehicle vendors, mortgagees, pledgees. - A. If the original policy is delivered or is so...

Section 59A-18-24 - Insurance producers; whom they represent. - A licensed insurance producer appointed as insurance producer by an...

Section 59A-18-25 - Allowance for inflation. - Where amounts of insurance under group, blanket or other forms...

Section 59A-18-26 - Payment discharges insurer. - Whenever the proceeds of or payments under a life or...

Section 59A-18-27 - Forms of proof of loss to be furnished. - Upon receiving due notice of a claim of loss under...

Section 59A-18-27.1 - Universal claim forms. - A. The superintendent shall devise or designate universal forms to...

Section 59A-18-28 - Notice; waiver. - The acknowledgment by any insurance company of the receipt of...

Section 59A-18-29 - Cancellation of certain policies. - A. An insurer or agent may at any time cancel...

Section 59A-18-30 - Disclosure of premium and claim data. - A. An insurer shall for a policy of insurance coverage...

Section 59A-18-31 - Accident and health policy or certificate provisions relating to individuals who are eligible for medical benefits under the medicaid program. - A. Each individual or group policy or certificate of accident...

Section 59A-18-32 - Certificates of property or casualty insurance. - A. As used in this section: (1) "certificate of insurance"...

Section 59A-18-33 - Notice. - A. An organization that publishes information regarding the effectiveness of...