On Apr. 8, 2025, NM LEG reported governor approved SB 221, assigned as Ch. 120.
On Mar. 21, NM LEG bill to prevent improper claim categorization.
NM LEG passed SB 221 to define and prohibit additional unfair ins claims practices.
Amended NM INS 59A-16-20 to clarify that an insurer cannot treat an inquiry as a claim when coverage does not apply, no payment is made, and no fraud is involved.
Legislative History
On Jan. 31, 2025, bill was introduced in Senate; on Mar. 11, 2025, bill passed Senate.
On Mar. 12, 2025, bill was introduced in House; on Mar. 21, 2025, bill passed House.
Effectiveness
Upon enactment, bill is effective 90 days after adjournment, on Jun. 20, 2025.
Apr. 2025 NM LEG Governor Approval
On Apr. 8, 2025, NM LEG reported governor approved SB 221, assigned as Ch. 120.
Regulators
NM LEG
Entity Types
Ins
Reference
Bill, Ch. 120, 4/8/2025; Bill SB221, 3/21/2025; Citation: NM INS 59A-16-20;