N.M. Stat. § 59A-18-13.6

Current through 2024, ch. 69
Section 59A-18-13.6 - Pooling of closed blocks of business

For the purpose of determining the rate of any policy within a closed block of business, the superintendent may require an insurer to pool the experience of a closed block of business with all appropriate blocks of business that are not closed in accordance with Section 59A-18-13.1 NMSA 1978. An insurer shall not apply a rate penalty or surcharge beyond that which reflects the experience of a pool combined in accordance with this section.

NMS § 59A-18-13.6

Laws 2011, ch. 144, § 9.
Added by 2011, c. 144,s. 9, eff. 1/1/2012.