New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 18 - CREDIT INSURANCE
Part 3 - CREDITOR-PLACED INSURANCE
Section 13.18.3.18 - REPORTING REQUIREMENTS

Universal Citation: 13 NM Admin Code 13.18.3.18

Current through Register Vol. 35, No. 6, March 26, 2024

A. Required reports. On or before July 1 of each year, every insurer offering creditor-placed insurance policies in New Mexico shall file the following reports covering the prior calendar year:

(1) Form A, summary experience report, on the form provided on the OSI website;

(2) Form B, creditor's experience report, on the form provided on the OSI website;

(3) Form C, other insurance report, on the on the form provided on the OSI website;

(4) Form D, reconciliation report, on the form provided on the OSI website, explaining the basis of data compilation, data peculiarities and reconciling any material differences between Form A, Form B, and the annual statement it files.

B. Affidavit: A responsible officer of the insurer shall submit the affidavit prescribed by the superintendent in 13.18.2.20 NMAC when filing the reports required by this section.

C. Electronic filing: Reports shall be submitted both in writing and in EXCEL or other format approved by the superintendent. Instructions for filing are provided with the forms on the OSI website.

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