New Mexico Register / Volume XXXIII, Issue 7 / April 5, 2022

 

 

NOTICE OF PROPOSED RULEMAKING

 

NOTICE IS HEREBY GIVEN that the Superintendent of Insurance (“OSI” or “Superintendent”) will hold a public video/telephone hearing regarding amendments to 13.2.9 NMAC PROPERTY AND CASUALTY ACTUARIAL OPINIONS. This hearing will commence on May 6, 2022 at 9:00 a.m.

 

PURPOSE OF THE PROPOSED RULES:  The proposed amendments are to update 13.2.9.1 NMAC to reflect the agency (OSI) currently authorized to adopt and implement 13.2.9 NMAC and to update 13.2.9.7(G) NMAC to define “qualified actuary” consistently with changes implemented by the National Association of Insurance Commissioners in its Annual Statement Instructions.

 

STATUTORY AUTHORITY:  Sections 59A-2-9 and 59A-5-29 NMSA 1978.

 

TO ATTEND THE HEARING:   Join via Video: https://us02web.zoom.us/j/2916274744

Join via telephone: 1-312-626-6799

Meeting ID: 291 627 4744

 

The Superintendent designates R. Alfred Walker to act as the hearing officer for this rulemaking. Oral comments will be accepted at the public hearing from members of the public and other interested parties. Any updates concerning the hearing date, time, or location will be available by subscribing to the “Rulemaking and Ratemaking” newsletter at:  https://newsletter.osi.state.nm.us/.

 

Copies of the Notice of Proposed Rulemaking and proposed new rules are available by electronic download from the OSI eDocket https://edocket.osi.state.nm.us/guest/case-view/5752 or by requesting a copy by calling (505) 476-0333. Note: Due to the COVID-19 pandemic, the physical offices of the OSI remain closed to the public until further notice.

 

Written comments will be accepted through 4:00 p.m. May 6, 2022.  Responses to written comments or oral comments will be accepted through 4:00 p.m. on May 16, 2022.  All comments shall be filed electronically through the OSI eDocket https://edocket.osi.state.nm.us/guest/case-view/5752 at or received by mail to:

 

OSI Records and Docketing, NM Office of Superintendent of Insurance

1120 Paseo de Peralta, P.O. Box 1689, Santa Fe, NM 87504-1689.

For help submitting a filing, please contact OSI-docketfiling@state.nm.us.

The below docket number must be indicated on filed comments.

Docket No.  2022-0031

IN THE MATTER OF ADOPTION OF AMENDMENTS TO RULE 13.2.9 NMAC PROPERTY AND CASUALTY ACTUARIAL OPINIONS

 

All filings must be received between the hours of 8:00 a.m. and 4:00 p.m. Monday through Friday except on state holidays.  The Superintendent will consider all oral comments and will review all timely submitted written comments and responses.

 

SPECIAL NEEDS:  Any person with a disability requiring special assistance to participate in the hearing should contact Melissa Gutierrez at 505-476-0333 no later than ten (10) business days prior to the hearing.

 

DONE AND ORDERED this 5th day of April, 2022

/S/RUSSELL TOAL