N.M. Stat. § 59A-12A-16
§ 59A-12A-16. General and claims practices
Year: 2026Length: 68 words
A. The claims practices of every administrator, insurer, plan or alternative to insurance, as defined in Chapter 59A, Article 12A NMSA 1978 , shall be subject to the provisions of Chapter 59A, Article 16 NMSA 1978 .
B. The claims practices of any insurer, plan or alternative to insurance as defined in Chapter 59A, Article 12A NMSA 1978 shall be subject to the provisions of the Insurance Code.