New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 8 - INSURANCE POLICIES AND RATES
Part 7 - NOTIFICATION REQUIREMENT OF DISCONTINUATION OF INSURANCE PRODUCT
Section 13.8.7.8 - NOTIFICATION REQUIREMENT
Universal Citation: 13 NM Admin Code 13.8.7.8
Current through Register Vol. 35, No. 18, September 24, 2024
All property or casualty insurance insurers that discontinue any insurance product shall provide at least 30 days' notice to the bureau prior to the effective date of the discontinuation of the first insurance product, by delivering a written letter to the bureau chief identifying the insurance product, including:
A. the effective date that the first insurance product will be discontinued; and
B. the total number of insured that will be affected.
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