New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 8 - INSURANCE POLICIES AND RATES
Part 2 - RATE FILINGS BY INSURERS AND RATE SERVICE ORGANIZATIONS
Section 13.8.2.14 - COMPANY FILINGS

Universal Citation: 13 NM Admin Code 13.8.2.14

Current through Register Vol. 35, No. 18, September 24, 2024

A. Any insurer may make rates and rate filings on its own behalf in accordance with this section and other applicable portions of this rule.

B. Any insurer may file at any time any rate or supplementary rate information applicable to any line or part of a line of property and casualty insurance business for which the insurer is certificated.

C. Every company filing shall be accompanied by the exhibits required under 13.8.2.17 NMAC.

D. Every company filing, except filings pursuant to 13.8.2.16 NMAC, shall comply with 13.8.2.18 NMAC.

E. The review period for a company filing begins when the filing is received by the superintendent, unless delayed for amendment or lack of sufficient information pursuant to Chapter 59A, Article 17 NMSA 1978 and 13.8.2 NMAC.

F. Except as provided in 13.8.2.25 NMAC, company filings based on an advisory organization advisory loss cost filing may not be used until either the superintendent has notified the advisory organization that the advisory filing is acceptable or the statutory review period has expired with no action, whichever is sooner.

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