New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 4 - LICENSING OF INSURANCE PROFESSIONALS
Part 4 - SURPLUS LINES BROKERS
Section 13.4.4.9 - REQUIRED EXPERIENCE, TRAINING AND EDUCATION
Current through Register Vol. 35, No. 18, September 24, 2024
To meet the requirements of Section 59A-14-7 NMSA 1978, an applicant for a surplus lines broker license shall file, as part of the application, documentation showing a combination of the following factors totaling at least five years:
A. experience as a licensed agent in the kind of insurance for which the surplus lines broker license is sought;
B. continuing education units of a type and quantity sufficient to satisfy the requirements for renewal of an agent's license; and
C. any other special experience, education or training that the applicant offers to demonstrate that the applicant is reasonably competent to conduct surplus lines business in New Mexico.