NM Insurance Bulletin 2023-015

EXTENSION OF INTERVALS FOR HEARINGS ON PREMIUM RATES AND OTHER TITLE INSURANCE MATTERS

Year: 2023Length: 200 wordsOfficial source
STATE OF NEW MEXICO OFFICE OF SUPERINTENDENT OF INSURANCE SUPERINTENDENT OF INSURANCE Jennifer A. Catechis Main Office: 1120 Paseo de Peralta, Fourth Floor, Santa Fe, NM 87501 Satellite Office: 6200 Uptown Blvd NE, Suite 400, Albuquerque, NM 87110 Main Phone: (505) 827-4601 | Toll Free: (855) 4 - ASK - OSI www.osi.state.nm.us BULLETIN 2023-015 JUNE 7, 2023 TO: ALL INTERESTED PERSONS RE: EXTENSION OF INTERVALS FOR HEARINGS ON PREMIUM RATES AND OTHER TITLE INSURANCE MATTERS THIS BULLETIN is issued pursuant to NMSA 1978, ยง 59A-2-8 and 13.1.2 NMAC. This Bulletin is issued to inform all interested persons that the New Mexico Title Insurance Law has been amended to extend the interval between hearings for premium rates and other title insurance matters to every three years. See, Section 59A-30-8, NMSA 1978 (amended in 2023 by House Bill 79). In accordance with the amendment, unless the Superintendent determines otherwise pursuant to Section 59A-30-8(B), NMSA 1978, the Superintendent will commence a hearing no earlier than November 1, 2024. If you have any questions regarding this Bulletin, please contact Timothy Vigil, Title Bureau Chief, Title Insurance Bureau at (505) 827-4930. ISSUED this 7th day of June, 2023. __________________________________ JENNIFER A. CATECHIS Superintendent of Insurance
NM Insurance Bulletin 2023-015: EXTENSION OF INTERVALS FOR HEARINGS ON PREMIUM RATES AND OTHER TITLE INSURANCE MATTERS | Justis AI