New Mexico Office of Superintendent of Insurance News

Growing Wildfires in New Mexico Destroyed 1,400 Structures

A pair of wildfires in New Mexico continue to rage uncontained, destroying an estimated 1,400 structures, forcing the evacuation of more than 8,000 people, while rains also flooded parts of the state. The Salt and South Fork fires have burned …

New Mexico Approves Decrease in Workers’ Comp Loss Costs

The New Mexico Office of Superintendent of Insurance approved a rate proposal submitted by the National Council on Compensation Insurance that will reduce voluntary workers’ compensation loss costs by an average of 10.7%, to become effective for policies renewing on …