N.M. Admin. Code § 13.8.7.8

Current through Register Vol. 35, No. 17, September 10, 2024

Section 13.8.7.8 - NOTIFICATION REQUIREMENT

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.

N.M. Admin. Code § 13.8.7.8

Adopted by New Mexico Register, Volume XXXV, Issue 02, January 30, 2024, eff. 2/1/2024, Adopted by New Mexico Register, Volume XXXV, Issue 13, July 16, 2024, eff. 7/16/2024