Title: Prohibits Additional Unfair Claims Practices Under New Mexico Insurance Code
Signed by Governor Michelle Lujan Grisham
Title: Prohibits Additional Unfair Claims Practices Under New Mexico Insurance Code
Vote to pass a bill that prohibits additional unfair claims practices under New Mexico's insurance code.
Prohibits insurers from treating a customer’s inquiry of damage or loss as a claim if the inquiry is not covered in the policy and no payment is made, and classifies a violation as an unfair and deceptive practice (Sec. 1).
Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 2).
Title: Prohibits Additional Unfair Claims Practices Under New Mexico Insurance Code
Title: Prohibits Additional Unfair Claims Practices Under New Mexico Insurance Code