UNFAVORABLE CHANGE IN COMMUNITY CLASSIFICATION

ST ATE OF NEW MEXICO OFFICE OF SUPERINTENDENT OF INSURANCE SUPERINTENDENT OF INSURANCE Russell Toal =*si DEPUTY SUPERINTENDENT Jei'inifer Catechis OIIICIOI NEW MEXICO apassieea 5 Illlllllk)IC! BULLETIN 2021-002 FEBRUARY 8, 2021 TO: ALLINSURERSOFRESIDENTIALPROPERTYLOCATEDINNEW MEXICO RE: UNF AVORABLE CHANGE IN COMMUNITY CLASSIFICATION THIS BULLETIN is issued pursuant to NMSA 1978, § 59A-18-33 and in accordance with OSI Bulletin 2019-015. NMSA 1978, el 59A-18-33 requires the New Mexico Office of Superintendent of Insurance ("OSI") to issue a bulletin notifying residential property insurers of any unfavorable change in a community's public protection classification, community grading, building code effectiveness classification, or fire suppression rating schedule. Upon receiving such notice, every insurer of a residential property in the designated community shall, in nun, notify any of its customers who may be adversely impacted by the unfavorable change within 90 days of publication of a bulletin. This Bulletin serves as notice that there has been an unfavorable change to the Public Protection Classification ("PPC") for the village of Mosquero, which is located in Harding and San Miguel Counties, New Mexico. According to Insurance Sersrices Organization ("ISO"), a rating/advisory organization, the unfavorable change is based on these facts and circum'stances. Lack of records at the Mosquero Fire Department for personnel response to first alarm structure fires; lack of training records; and limited pump testing for engine companies. As a result of these deficiencies, ISO has classified the community as PPC 7/7X, effective May 1, 2021. Main Office: 1120 Paseo de Peralta, Room 428, Santa Fe, NM 87501 Satellite Office: 6200 Uptown Blvd NE, Suite 100, Albuquerque, NM 87110 Main Phone: (505) 827-4601 i Satellite Plione: (505) 322-2186i Toll Free: (855) 4 - ASK - OSI www.osi.state.ni'n.us B U I. L E T I N 2 0 2 l - 0 0 2 Pagel2 Each insurer of a residential propeity in the identified community shall notify each customer who may be adversely affected by the unfavorable change witin ninety (90) days of the publication of this bulletin. The notice issued by an insurer to a policyholder shall include the language specified in OSI Bulletin 2019-015. For specific questions regarding the bulletin, please contact Ashley Hernandez via email to: asbley.hernandez@state.nm.us. ISSUED this 8th day of February, 2021. SUPE,RINTENDENT OF INSURANCE Main Office: 1120 Paseo de Peralta, Room 428, Santa Fe, NM 87501 Satellite Office: 6200 Uptown Blvd NE, Suite 100, Albuquerque, NM 87110 Main Plione: (505) 827-4601 i Satellite Phone: (505) 322-2186i Toll Free: (855) 4 - ASK - OSI www.osi.state.nin.us