#NewMexicoInsurance
The New Mexico Supreme Court is poised to make a landmark decision that could reshape insurance contracts by determining if insurers must prove substantial prejudice to enforce shortened "time-to-sue" clauses.

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#NM #CitizenPortal #ConsumerRights #InsuranceLaw #NewMexicoInsurance
New Mexico Supreme Court Hears Challenge to Enforceability of Shortened "Time‑to‑Sue" Insurance Clauses
At oral argument in Rodriguez v. Allstate, counsel debated whether insurers may enforce shortened time‑to‑sue clauses without showing substantial prejudice, and whether overruling long‑standing precedents should apply retroactively.
citizenportal.ai
September 25, 2026 at 10:48 AM
New Mexico's Superintendent of Insurance proposes a bold budget shift to stabilize medical malpractice settlements and enhance fraud enforcement—could this be the game-changer our healthcare system needs?

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#NM #MarketConduct #FraudEnforcement #CitizenPortal #NewMexicoInsurance
Superintendent asks committee to fold PCF settlements into baseline budget, expand fraud and market‑conduct capacity
The Office of Superintendent of Insurance asked lawmakers to include routine Patient Compensation Fund settlements in its operating budget, to fund expanded market‑conduct and financial review capability, and to add staff to the insurance‑fraud law‑enforcement unit; the committee adopted the LFC recommendation and asked analysts to examine two fraud positions.
citizenportal.ai
February 1, 2026 at 9:00 PM
A groundbreaking bill in New Mexico could change the insurance landscape forever by empowering the Superintendent of Insurance to issue civil investigative subpoenas.

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#NM #RegulatoryReform #CitizenPortal #InsuranceAccountability #ConsumerProtection #NewMexicoInsurance
Katy Duhigg introduces Senate Bill 124 granting subpoena power to insurance superintendent
Senate Bill 124 empowers New Mexico's insurance superintendent to issue civil investigative subpoenas
citizenportal.ai
March 21, 2025 at 4:38 AM
New Mexico's House Bill 369 could revolutionize the insurance industry by allowing producers to reinstate lapsed licenses without retaking exams—will this change enhance accessibility or compromise integrity?

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#NM #MilitaryServiceSupport #RegulatoryReform #NewMexicoInsurance
New Mexico insurance producers face streamlined license renewal procedures
Insurance producers may reinstate lapsed licenses within twelve months without retaking exams.
citizenportal.ai
March 16, 2025 at 11:22 PM
New Mexico's House Bill 369 could revolutionize insurance licensing, making it easier for new insurers to enter the market and potentially lowering premiums for consumers.

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#NM #ConsumerProtection #RegulatoryReform #NewMexicoInsurance #MarketCompetition #CitizenPortal
Representative Hernandez proposes changes to New Mexico insurance licensing fees
Hernandez introduces House Bill 369 to modify licensing time frames and fees.
citizenportal.ai
March 16, 2025 at 11:20 PM
Senate Bill 403 is set to revolutionize New Mexico's insurance landscape by tackling unfair claims practices that leave policyholders in the dark.

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#NM #ConsumerProtection #LegislativeReform #NewMexicoInsurance #InsuranceFairness #CitizenPortal
New Mexico lawmakers amend insurance code to combat unfair claims practices
Legislators introduce Senate Bill 403 to define and prohibit new unfair claims practices.
citizenportal.ai
February 20, 2025 at 2:01 AM