April 20, 2022 Announcements April Insurance Tip of the Month Auto insurance is important for consumers and required by law. “New Mexico requires all vehicle owners to have car insurance. Auto insurance protects all of us and it may seem expensive, but it is far cheaper than the expense of repairs or replacement if your car is damaged,” states Superintendent Russell Toal. “Remember, too, to drive defensively because other drivers may be distracted, speeding or impaired – if you drive carefully, you may be able to avoid an accident with these unsafe drivers.” APRIL INSURANCE TIP OF THE MONTH
September 1, 2026 News Releases NEW MEXICO ANNOUNCES RATES FOR 2027 ACA PLANS, STATE PREMIUM SUPPORT WILL CONTINUE TO HELP ENROLLEES WITH COSTS Contact: Life and Health Product Filing BureauEmail: life.health@osi.nm.gov SANTA FE, N.M. – The New Mexico Office of Superintendent of Insurance (OSI) has approved 2027 rates for individual market Affordable Care Act (ACA) plans sold on and off BeWell, the New Mexico Health Insurance Marketplace. The average increase is 24.4%; OSI scrutinized the rates and they […] Read More
June 26, 2026 Bulletins MEDICAL MALPRACTICE PREMIUM REDUCTION AMENDED BULLETIN 2026-010: The New Mexico State Legislature appropriated $5 million to the New Mexico Office of Superintendent of Insurance (OSI) to address medical malpractice insurance costs for individual providers. The appropriation was part of a supplemental appropriation package passed in 2025. This one-time appropriation directs OSI to provide a premium subsidy for private medical malpractice insurance policies. […] Read More