N.M. Admin. Code § 13.11.2.12

Current through Register Vol. 35, No. 21, November 5, 2024
Section 13.11.2.12 - ACCOUNTING

Where the liability limits of the policy are reduced by legal defense costs or where legal defense cost are applied against the deductible, the insurer shall notify the insured of the insured's right, upon written request, to an accounting of legal defense costs actually expended.

N.M. Admin. Code § 13.11.2.12

10/13/88; 13.11.2.12 NMAC - Rn, 13 NMAC 11.2.12 NMAC, 6/30/04