A. An organization that publishes information regarding the effectiveness of community fire protection or building code information, including public protection classifications, community grading, building code effectiveness classifications or fire suppression rating schedules for use by residential property insurers in this state, shall provide notice of any unfavorable change in a community's classification to the office of superintendent of insurance.
B. Upon receiving notice of an unfavorable change in a community's public protection classification, community grading, building code effectiveness classification or fire suppression rating schedule, the office of superintendent of insurance shall issue a bulletin notifying insurers of the change and the communities affected and instructing insurers to notify customers who may be adversely affected by the unfavorable change within ninety days of the publication of the bulletin.
History: Laws 2019, ch. 84, § 1.
Effective dates. — Laws 2019, ch. 84, § 2 made Laws 2019, ch. 84 effective January 1, 2020.
Structure New Mexico Statutes
Article 18 - The Insurance Contract
Section 59A-18-1 - Scope of article.
Section 59A-18-2 - "Policy" defined.
Section 59A-18-3 - "Premium" defined.
Section 59A-18-3.1 - Closed block of business.
Section 59A-18-3.2 - "Block of business" defined.
Section 59A-18-4 - Insurable interest; personal insurance.
Section 59A-18-6 - Insurable interest, property.
Section 59A-18-7 - Power to contract for insurance; purchase of insurance or annuity by minor.
Section 59A-18-8 - Consent of insured; life, health insurance.
Section 59A-18-9 - Alteration of application; life, health insurance.
Section 59A-18-10 - Application as evidence.
Section 59A-18-11 - Representation in application.
Section 59A-18-12 - Filing of forms and classifications; review of effect upon insured.
Section 59A-18-13 - Approval or disapproval of health insurance forms.
Section 59A-18-13.1 - Adjusted community rating.
Section 59A-18-13.2 - Health insurance; health care plan rates filing requirements.
Section 59A-18-13.3 - Health insurance filings; grounds and procedure for approval or disapproval.
Section 59A-18-13.4 - Repealed.
Section 59A-18-13.6 - Pooling of closed blocks of business.
Section 59A-18-14 - Grounds, procedure for disapproval.
Section 59A-18-16.1 - Group coverage discontinuance and replacement.
Section 59A-18-17 - Standard provisions, in general.
Section 59A-18-18 - Charter, bylaw provisions.
Section 59A-18-19 - Execution of policies.
Section 59A-18-20 - Underwriters' and combination policies.
Section 59A-18-21 - Validity, construction of noncomplying forms.
Section 59A-18-23 - Delivery of policy, motor vehicle vendors, mortgagees, pledgees.
Section 59A-18-24 - Insurance producers; whom they represent.
Section 59A-18-25 - Allowance for inflation.
Section 59A-18-26 - Payment discharges insurer.
Section 59A-18-27 - Forms of proof of loss to be furnished.
Section 59A-18-27.1 - Universal claim forms.
Section 59A-18-28 - Notice; waiver.
Section 59A-18-29 - Cancellation of certain policies.
Section 59A-18-30 - Disclosure of premium and claim data.
Section 59A-18-32 - Certificates of property or casualty insurance.