New Mexico’s top insurance regulator is stepping down. The Albuquerque Journal reported that state Superintendent John Franchini has withdrawn his application to serve a third four-year term and instead plans to retire. His term ends Dec. 31. A nine-member state …
Four doctors are accusing New Mexico’s insurance superintendent of allowing major hospital chains to tap into a medical malpractice fund despite concerns of insufficient balances. State district court documents show physicians including American Medical Association president-elect Barbara McAneny filed the …
New Mexico’s state auditor is calling for a new audit into whether health-insurance companies have been underpaying the premium taxes they owe. The Albuquerque Journal reported that State Auditor Tim Keller asked that a new independent accounting firm should be …
While the overall cyber risk insurance market is growing tremendously, larger corporate clients have driven much of the expansion. Smaller companies, on the other hand, have not followed suit, Deputy U.S. Treasury Secretary Sarah Bloom Raskin said recently. “Cyber insurance …
State Insurance Superintendent John Franchini was selected to remain as New Mexico’s top insurance regulator when his office becomes an independent governmental agency next month. A nine-member committee named Franchini to serve as insurance superintendent for a term that starts …
