TITLE 13 INSURANCE
CHAPTER 14 TITLE
INSURANCE
PART 17 INSURER’S
STATISTICAL REPORT
13.14.17.1 ISSUING AGENCY: Office of Superintendent of Insurance (OSI).
[13.14.17.1
NMAC – Rp, 13.14.17.1 NMAC, 1/1/2021]
13.14.17.2 SCOPE: This rule applies to all title insurers,
title insurance agents, and title insurance agents conducting title insurance
business in New Mexico.
[13.14.17.2
NMAC – Rp, 13.14.17.2 NMAC, 1/1/2021]
13.14.17.3 STATUTORY AUTHORITY: Sections 59A-2-8, 59A-2-9, 59A-30-4,
59A-30-6, 59A-30-6.1, 59A-30-6.2 and 59A-30-8 NMSA 1978.
[13.14.17.3
NMAC – Rp, 13.14.17.3 NMAC, 1/1/2021]
13.14.17.4 DURATION: Permanent.
[13.14.17.4
NMAC – Rp, 13.14.17.4 NMAC, 1/1/2021]
13.14.17.5 EFFECTIVE DATE: January 1, 2021, unless a later date is cited
at the end of a section.
[13.14.17.5
NMAC – Rp, 13.14.17.5 NMAC, 1/1/2021]
13.14.17.6 OBJECTIVE: The purpose of this rule is to provide forms and rules for preparing
the required insurer
statistical report.
[13.14.17.6
NMAC – Rp, 13.14.17.6 NMAC, 1/1/2021]
13.14.17.7 DEFINITIONS: See 13.14.1 NMAC.
[13.14.17.7
NMAC – Rp, 13.14.17.7 NMAC, 1/1/2021]
13.14.17.8 ANNUAL
STATISTICAL REPORT REQUIRED: Every title insurer shall report
income and expenses annually on both county-by-county and summary-of-all
counties bases. The title insurer shall
use the statistical report form set forth in this rule, insurer statistical
report, and instructions published by OSI.
The superintendent shall annually issue an order to fix the date and
location for the filing of each insurer statistical report for the calendar
year and shall notify each title insurer of the date at least 60 days prior to
the filing deadline; provided, however, that in no event shall a title insurer
be required to file its statistical report prior to May 15th of the year
following the end of the calendar year being reported. Each insurer shall maintain such minimum
basic records on each New Mexico transaction as shall be necessary to
accurately report such transactions.
[13.14.17.8
NMAC – Rp, 13.14.17.8 NMAC, 1/1/2021]
13.14.17.9 FORM
1 - STATEMENT OF INCOME AND EXPENSES:
|
NEW
MEXICO TITLE INSURER STATISTICAL REPORT FORM
1 - STATEMENT OF INCOME AND EXPENSES For
the Calendar Year Ending December 31, 20___ NEW
MEXICO EXPERIENCE ONLY |
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Insurer |
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NAIC Code |
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Direct
Operations |
Non-Affiliated Agency Operations |
Affiliated Agency Operations |
Total |
NAIC
Annual Statement Schedule T |
Difference |
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Part A - Revenue |
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1 |
Direct written
premiums |
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0 |
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0 |
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2 |
Direct written
premiums retained by agency |
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0 |
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3 |
Direct written
premiums remitted to insurer |
0 |
0 |
0 |
0 |
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4 |
Escrow and settlement
service charges |
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0 |
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5 |
Other title fees and
service charges |
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0 |
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6 |
Total other income |
0 |
0 |
0 |
0 |
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0 |
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7 |
Total revenue |
0 |
0 |
0 |
0 |
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For an insurer that charges
rates below the promulgated rates: |
From
Form 3 |
Difference |
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8 |
Direct premiums as if
they had been written at promulgated rates |
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0 |
0 |
0 |
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Part B - Expenses Line 1 as defined per
NAIC annual statement, STATEMENT OF INCOME exhibit. Lines 2 through 22 as
defined per NAIC annual statement, EXPENSES exhibit. All entries should
show NEW MEXICO expenses only and should NOT include direct charges from
direct operations. |
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1 |
Losses and loss
adjustment expenses incurred |
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0 |
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2 |
Total personnel costs |
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0 |
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3 |
Total production
services purchased outside |
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0 |
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4 |
Advertising |
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0 |
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5 |
Boards, bureaus, and
associations |
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0 |
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6 |
Title plant rent and
maintenance |
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0 |
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7 |
Claim adjustment
services |
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0 |
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8 |
Amounts charged off,
net of recoveries |
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0 |
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9 |
Marketing and
promotional expenses |
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0 |
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10 |
Insurance |
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0 |
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11 |
Directors’ fees |
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0 |
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12 |
Travel and travel
items |
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0 |
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13 |
Rent and rent items |
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0 |
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14 |
Equipment |
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0 |
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15 |
Cost or depreciation
of EDP equipment and software |
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0 |
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16 |
Printing, stationery,
books, and periodicals |
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0 |
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17 |
Postage, telephone,
messenger, and express delivery |
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0 |
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18 |
Legal and auditing |
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0 |
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19 |
Total taxes,
licenses, and fees |
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0 |
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20 |
Real estate expenses |
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0 |
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21 |
Real estate taxes |
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0 |
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22 |
Aggregate write-ins
for miscellaneous expenses |
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0 |
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23 |
Total Expenses |
0 |
0 |
0 |
0 |
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Part C - Net Income |
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1 |
Income (Loss) |
0 |
0 |
0 |
0 |
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[13.14.17.9
NMAC – Rp, 13.14.17.9 NMAC, 1/1/2021]
13.14.17.10 [RESERVED]
13.14.17.11 FORM
2 - RESERVES, INVESTMENT GAIN, AND SURPLUS:
|
NEW
MEXICO TITLE INSURER STATISTICAL REPORT FORM
2 - RESERVES, INVESTMENT GAIN, AND SURPLUS For
the Calendar Year Ending December 31, 20___ COUNTRYWIDE
EXPERIENCE |
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Insurer |
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Countrywide |
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1 |
Known claims reserve |
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2 |
Statutory premium
reserve |
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3 |
Aggregate of other
reserves required by law |
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4 |
Supplemental reserve |
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5 |
Total reserves |
0 |
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6 |
Net investment income
earned |
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7 |
Net realized capital
gains (losses) |
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8 |
Total net investment
gain |
0 |
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9 |
Federal and foreign
income taxes incurred |
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10 |
Surplus as regards
policyholders |
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[13.14.17.11
NMAC – Rp, 13.14.17.11 NMAC, 1/1/2021]
13.14.17.12 FORM
3 - TRANSACTION REPORT:
|
NEW
MEXICO TITLE INSURER STATISTICAL REPORT FORM
3 - TRANSACTION REPORT For
the Calendar Year Ending December 31, 20__ NEW
MEXICO EXPERIENCE ONLY |
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Insurer |
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For an Insurer That Charges or Rates Below the Promulgated
Rates |
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NM Form No. |
Trans-action Code |
Transaction Type |
No. of Trans-actions |
Direct Premiums Written |
Dependent on Basic Premium Rate? |
Direct Premiums As If They Had Been Written at
Promulgated Rates |
|
|
none |
0004 |
Loan Policy - Mechanic’s Lien Coverage With Evidence of Priority |
|
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No |
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|
none |
0005 |
Loan Policy - Mechanic’s Lien Coverage Without
Evidence of Priority |
|
|
Yes |
|
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|
none |
0006 |
Owner’s Policy - Mechanic’s Lien Coverage - Filing
Period Expired |
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No |
|
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|
none |
0007 |
Owner’s Policy - Mechanic’s Lien Coverage - Filing
Period Not Expired |
|
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Yes |
|
|
|
none |
0008 |
Survey Coverage – Owner’s Policy |
|
|
Yes |
|
|
|
none |
0009 |
Survey Coverage - Loan Policy |
|
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No |
|
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|
none |
0010 |
Pro Forma Policy - Owner |
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No |
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|
none |
0011 |
Pro Forma Policy – Loan |
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No |
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|
none |
0012 |
Duplicate Original Policy |
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No |
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1 |
0101 |
Owner’s Policy |
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Yes |
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1 |
0102 |
Owner’s Policy - With Bulk Rate |
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Yes |
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1 |
0103 |
Simultaneous Issue - Multiple Owners on Same Land |
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Yes |
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1 |
0104 |
Replacement Owner’s Policy |
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Yes |
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1 |
0105 |
Owner’s Policy After Foreclosure -Completed
Foreclosure |
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Yes |
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1 |
0106 |
Owner’s Policy After Foreclosure -Terminated
Foreclosure |
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Yes |
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1 |
0110 |
Owner’s Policy - Reissue (10% Discount) |
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Yes |
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1 |
0115 |
Owner’s Policy - Reissue (15% Discount) |
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Yes |
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1 |
0120 |
Owner’s Policy - Reissue (20% Discount) |
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Yes |
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1 |
0125 |
Owner’s Policy - Reissue (25% Discount) |
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Yes |
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2 |
0201 |
Loan Policy - Single Issue |
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Yes |
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2 |
0202 |
Loan Policy - Simultaneous Issue with Owner’s Policy |
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No |
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2 |
0203 |
Loan Policy - Second Mortgage or Subsequent Issue |
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Yes |
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2 |
0204 |
Replacement Loan Policy |
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Yes |
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2 |
0205 |
Loan Policy with Two-Year Claims Made Limitation |
|
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No |
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2 |
0206 |
Loan Policy with Two-Year Claims Made Limitation
Extension |
|
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No |
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2 |
0240 |
Loan Policy – Substitution and Statutory Rate
(within 3 years – 40%) |
|
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Yes |
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2 |
0250 |
Loan Policy - Substitution and Statutory Rate (more
than 3 years,
less than 5 years - 50%) |
|
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Yes |
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|
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2 |
0260 |
Loan Policy – Substitution and Statutory Rate (more
than 5 years, less than 10 years - 60%) |
|
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Yes |
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2 |
0280 |
Loan Policy – Substitution and Statutory Rate (more
than 10 years, less than 20 years - 80%) |
|
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Yes |
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6 |
0600 |
Commitment for Title Insurance |
|
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No |
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11 |
1104 |
Correction/Multipurpose Endorsement |
|
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No |
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|
11 |
1105 |
Renewal, Extension & Partial Release Endorsement |
|
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No |
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|
11 |
1106 |
Extension of Commitment |
|
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No |
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11 |
1108 |
Increase in Coverage |
|
|
Yes |
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12 |
1200 |
Condominium Endorsement – All Assessments |
|
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No |
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13 |
1300 |
Planned Unit Development Endorsement – All Assessments |
|
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No |
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13.1 |
1301 |
Planned Unit Development Endorsement – Unpaid
Assessments |
|
|
No |
|
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14 |
1400 |
Variable Rate Mortgage Endorsement |
|
|
No |
|
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15 |
1500 |
Variable Rate Mortgage Endorsement - Negative
Amortization |
|
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No |
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16 |
1600 |
Manufactured Housing Unit Endorsement |
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No |
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16.1 |
1601 |
Manufactured Housing Unit (Conversion Loan)
Endorsement |
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No |
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16.2 |
1602 |
Manufactured Housing Unit (Conversion Owner’s) Endorsement |
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No |
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17 |
1700 |
Revolving Credit Endorsement |
|
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No |
|
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20 |
2000 |
Leasehold – Owner’s Endorsement |
|
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No |
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21 |
2100 |
Leasehold Loan
Endorsement |
|
|
No |
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22 |
2200 |
Pending Disbursement Down Date Endorsement |
|
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No |
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23 |
2300 |
Pending Improvements Endorsement |
|
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No |
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24 |
2400 |
Assignment Endorsement |
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No |
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24.1 |
2401 |
Assignment and Down Date Endorsement |
|
|
No |
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25 |
2500 |
Additional Advance Endorsement |
|
|
No |
|
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26 |
2600 |
Partial Coverage Endorsement |
|
|
No |
|
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28 |
2800 |
Non-Imputation - Full Equity Transfer Endorsement |
|
|
Yes |
|
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28.1 |
2801 |
Non-Imputation – Additional Interest Endorsement |
|
|
Yes |
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28.2 |
2802 |
Non-Imputation – Partial Equity Transfer Endorsement
|
|
|
Yes |
|
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29 |
2900 |
Environmental Protection Lien Endorsement |
|
|
No |
|
|
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30 |
3000 |
Condominium Endorsement Unpaid
Assessments |
|
|
No |
|
|
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31 |
3100 |
Owner’s Leasehold Conversion Endorsement |
|
|
Yes |
|
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33 |
3300 |
Change of Name Endorsement |
|
|
No |
|
|
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34 |
3400 |
U.S. Policy |
|
|
Yes |
|
|
|
41 |
4100 |
Limited Pre-Foreclosure Title Insurance Policy |
|
|
Yes |
|
|
|
42 |
4200 |
Limited Pre-Foreclosure Title Insurance
Policy Down Date Endorsement |
|
|
No |
|
|
|
43 |
4300 |
Insuring Around Endorsement |
|
|
No |
|
|
|
44 |
4400 |
Revolving Credit -Increased Credit Limit Endorsement |
|
|
No |
|
|
|
45 |
4500 |
Residential Limited Coverage Junior Loan Policy |
|
|
No |
|
|
|
46 |
4600 |
Down Date Endorsement to Residential Limited
Coverage Junior Loan Policy JR1 |
|
|
No |
|
|
|
47 |
4700 |
Endorsement to Residential Limited Coverage Junior
Loan Policy JR2 |
|
|
No |
|
|
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50 |
5000 |
Restrictions, Encroachments and Minerals Endorsement
- Loan Policy |
|
|
Yes |
|
|
|
50.1 |
5001 |
Restrictions Encroachments, Minerals – Loan Policy
Endorsement |
|
|
Yes |
|
|
|
51 |
5100 |
Land Abuts Street Endorsement |
|
|
No |
|
|
|
52 |
5200 |
Location Endorsement |
|
|
No |
|
|
|
54 |
5400 |
Contiguity Single Parcel Endorsement |
|
|
No |
|
|
|
55 |
5500 |
Named Insured Endorsement |
|
|
No |
|
|
|
56 |
5600 |
Restrictions, Encroachments, Minerals– Owner’s
Policy (Unimproved Land)
Endorsement |
|
|
Yes |
|
|
|
56.1 |
5601 |
Restrictions, Encroachments, Minerals – Owner’s Policy
– (Unimproved Land) Endorsement |
|
|
Yes |
|
|
|
57 |
5700 |
Restrictions, Encroachments, Minerals – Owner’s
Policy (Improved Land) Endorsement |
|
|
Yes |
|
|
|
57.1 |
5701 |
Restrictions, Encroachments, and Minerals (Owner’s
Policy -Improved Land) Endorsement |
|
|
Yes |
|
|
|
58 |
5800 |
First Loss - Multiple Parcel Transactions
Endorsement |
|
|
No |
|
|
|
60 |
6000 |
Aggregation
Endorsement |
|
|
No |
|
|
|
60.1 |
6001 |
Aggregation Endorsement |
|
|
No |
|
|
|
61 |
6100 |
Foundation Endorsement |
|
|
No |
|
|
|
62 |
6200 |
Assignment of Rents or Leases Endorsement |
|
|
No |
|
|
|
64 |
6400 |
Zoning - Unimproved Land Endorsement |
|
|
Yes |
|
|
|
64.1 |
6401 |
Zoning – Unimproved Land - No Applicable Zoning
Ordinances Endorsement |
|
|
Yes |
|
|
|
65 |
6500 |
Zoning - Completed Structure Endorsement |
|
|
Yes |
|
|
|
65.1 |
6501 |
Zoning – Land Under Development Endorsement |
|
|
Yes |
|
|
|
65.2 |
6502 |
Zoning- Completed Structure - No Applicable Zoning
Ordinances Endorsement |
|
|
Yes |
|
|
|
66 |
6600 |
Contiguity - Multiple Parcels Endorsement |
|
|
No |
|
|
|
67 |
6700 |
Access and Entry Endorsement |
|
|
No |
|
|
|
68 |
6800 |
Indirect Access and Entry Endorsement |
|
|
No |
|
|
|
69 |
6900 |
Utility Access Endorsement |
|
|
No |
|
|
|
70 |
7000 |
Commercial Environmental
Protection Lien Endorsement |
|
|
No |
|
|
|
71 |
7100 |
Reverse Mortgage Endorsement |
|
|
No |
|
|
|
72 |
7200 |
Single Tax Parcel Endorsement |
|
|
No |
|
|
|
73 |
7300 |
Multiple Tax Parcel Endorsement |
|
|
No |
|
|
|
74 |
7400 |
Doing Business Endorsement |
|
|
No |
|
|
|
75 |
7500 |
Subdivision Endorsement |
|
|
No |
|
|
|
76 |
7600 |
Easement - Damage or Enforced Removal Endorsement |
|
|
No |
|
|
|
77 |
7700 |
Co-Insurance - Single Policy Endorsement |
|
|
No |
|
|
|
78 |
7800 |
Same as Survey Endorsement |
|
|
No |
|
|
|
79 |
7900 |
Same as Portion of Survey Endorsement |
|
|
No |
|
|
|
80 |
8000 |
Mortgage Modification Endorsement |
|
|
No |
|
|
|
80.1 |
8001 |
Mortgage Modification With Subordination
Endorsement |
|
|
No |
|
|
|
80.2 |
8002 |
Mortgage Modification With Additional Amount of
Title Insurance Endorsement |
|
|
Yes |
|
|
|
83 |
8300 |
Construction Loan –Endorsement |
|
|
No |
|
|
|
83.1 |
8301 |
Construction Loan – Direct Payment Endorsement |
|
|
No |
|
|
|
83.2 |
8302 |
Construction Loan – Insured’s Direct Payment
Endorsement |
|
|
No |
|
|
|
84 |
8400 |
Disbursement Endorsement |
|
|
No |
|
|
|
85 |
8500 |
Identified Risk Coverage Endorsement |
|
|
No |
|
|
|
88 |
8800 |
Energy Project Leasehold/Easement - Owner’s
Endorsement |
|
|
Yes |
|
|
|
88.1 |
8801 |
Energy Project Leasehold/Easement - Loan Endorsement
|
|
|
Yes |
|
|
|
88.2 |
8802 |
Energy Project - Leasehold - Owner’s
Endorsement |
|
|
Yes |
|
|
|
88.3 |
8803 |
Energy Project - Leasehold - Loan Endorsement |
|
|
Yes |
|
|
|
88.4 |
8804 |
Energy Project Covenants, Conditions & Restrictions
- Land under Development - Owner’s Endorsement |
|
|
Yes |
|
|
|
88.5 |
8805 |
Energy Project Covenants, Conditions &
Restrictions - Land Under Development - Loan Endorsement |
|
|
Yes |
|
|
|
88.6 |
8806 |
Energy Project - Encroachments Endorsement |
|
|
Yes |
|
|
|
88.7 |
8807 |
Energy Project - Fee Estate - Owner’s Policy
Endorsement |
|
|
Yes |
|
|
|
88.8 |
8808 |
Energy Project - Fee Estate - Loan Policy
Endorsement |
|
|
Yes |
|
|
|
89 |
8900 |
Mezzanine Financing Endorsement |
|
|
No |
|
|
|
90 |
9000 |
Residential Limited Coverage Modification of
Mortgage Policy |
|
|
Yes |
|
|
|
91 |
9100 |
Contract Purchaser Conversion Endorsement |
|
|
Yes |
|
|
|
TOTAL: |
|
|
|
|
|
Crosscheck with Form 1: |
|
|
Difference: |
|
|
Explanation for Difference (if any): |
|
|
|
|
[13.14.17.12 NMAC – Rp, 13.14.17.12 NMAC, 1/1/2021; A/E, 1/24/2024; N, 7/16/2024]
13.14.17.13 FORM
4 - PREMIUM DISTRIBUTION BY LIABILITY RANGE:
|
NEW
MEXICO TITLE INSURER STATISTICAL REPORT FORM
4 - PREMIUM DISTRIBUTION BY LIABILITY RANGE For
the Calendar Year Ending December 31, 20___ NEW
MEXICO EXPERIENCE ONLY TRANSACTIONS
THAT ARE DEPENDENT ON THE BASIC PREMIUM RATE Note: Include
all transactions listed as “Yes” in the “Dependent on Basic Premium Rate?”
column of Form 3 |
||||
|
Insurance Company |
||||
|
Liability
Range ($000) |
Number
of transactions |
Direct
written premium |
||
|
More
than |
But
no more than |
|||
|
0 |
5 |
|
|
|
|
5 |
10 |
|
|
|
|
10 |
20 |
|
|
|
|
20 |
30 |
|
|
|
|
30 |
40 |
|
|
|
|
40 |
50 |
|
|
|
|
50 |
60 |
|
|
|
|
60 |
70 |
|
|
|
|
70 |
80 |
|
|
|
|
80 |
90 |
|
|
|
|
90 |
100 |
|
|
|
|
100 |
200 |
|
|
|
|
200 |
300 |
|
|
|
|
300 |
400 |
|
|
|
|
400 |
500 |
|
|
|
|
500 |
1,000 |
|
|
|
|
1,000 |
2,000 |
|
|
|
|
2,000 |
3,000 |
|
|
|
|
3,000 |
4,000 |
|
|
|
|
4,000 |
5,000 |
|
|
|
|
5,000 |
10,000 |
|
|
|
|
10,000 |
15,000 |
|
|
|
|
15,000 |
25,000 |
|
|
|
|
25,000 |
50,000 |
|
|
|
|
50,000 |
75,000 |
|
|
|
|
75,000 |
100,000 |
|
|
|
|
Over
100,000 |
|
|
||
|
ALL |
0 |
0 |
||
|
Crosscheck
with Form 3: |
|
|
Difference |
|
|
Explanation for
Difference (if any) |
|
|
|
|
[13.14.17.13
NMAC – Rp, 13.14.17.13 NMAC, 1/1/2021]
13.14.17.14 FORM
5 - DIRECT PAID LOSS DEVELOPMENT:
|
NEW
MEXICO TITLE INSURER STATISTICAL REPORT FORM
5 - DIRECT PAID LOSS DEVELOPMENT For
the Calendar Year Ending December 31, 20___ NEW
MEXICO EXPERIENCE ONLY |
||||||||||||
|
Insurance Company |
|
|||||||||||
|
Years
in which policies were written |
CUMULATIVE
PAID LOSSES AND ALLOCATED LOSS ADJUSTMENT EXPENSES AT YEAR END (000 OMITTED) |
Number
of claims closed with loss payment |
Number
of claims closed without loss payment |
|||||||||
|
Latest PY-9 |
Latest PY-8 |
Latest PY-7 |
Latest PY-6 |
Latest PY-5 |
Latest PY-4 |
Latest PY-3 |
Latest PY-2 |
Latest PY-1 |
Latest PY |
|||
|
Prior |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-19 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-18 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-17 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-16 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-15 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-14 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-12 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-11 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY |
|
|
|
|
|
|
|
|
|
|
|
|
Note: Use
the same reporting instructions as for schedule P, part 2A of the NAIC annual
statement, except that loss and ALAE should be direct of reinsurance and
should be New Mexico claims only.
|
|
Latest
PY-1 |
Latest
PY |
|
|
Total |
0 |
0 |
|
|
Total
payments during Latest PY |
0 |
||
|
New
Mexico direct losses paid as shown on NAIC Annual Statement Schedule T |
|
||
|
|
Difference |
0 |
|
|
|
|
|
|
|
Explanation for
Difference (if any) |
|
|
|
|
[13.14.17.14
NMAC – Rp, 13.14.17.14 NMAC, 1/1/2021]
13.14.17.15 FORM
6 - DIRECT CASE BASIS RESERVES:
|
NEW
MEXICO TITLE INSURER STATISTICAL REPORT FORM
6 - DIRECT CASE BASIS RESERVES For
the Calendar Year Ending December 31, 20___ NEW
MEXICO EXPERIENCE ONLY |
||||||||||||
|
Insurance Company |
|
|||||||||||
|
Years
in which policies were issued |
Direct
Written Premium ($000s) |
Amount
of insurance written in millions |
CASE
BASIS LOSS AND ALLOCATED LOSS ADJUSTMENT EXPENSE RESERVES AT YEAR END (000
OMITTED) |
|||||||||
|
Latest PY-9 |
Latest PY-8 |
Latest PY-7 |
Latest PY-6 |
Latest PY-5 |
Latest PY-4 |
Latest PY-3 |
Latest PY-2 |
Latest PY-1 |
Latest PY |
|||
|
Prior |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-19 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-18 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-17 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-16 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-15 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-14 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-12 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-11 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY-1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Latest
PY |
|
|
|
|
|
|
|
|
|
|
|
|
Note: Use
the same reporting instructions as for schedule P, part 2B of the NAIC annual
statement, except that loss and ALAE should be direct of reinsurance and
should be New Mexico claims only.
|
|
Latest
PY-1 |
Latest
PY |
|
|||||||||
|
|
Total |
0 |
0 |
|
||||||||
|
|
Increase
in reserves during Latest PY |
0 |
|
|||||||||
|
|
Total
payments during Latest PY |
0 |
|
|||||||||
|
|
Case
incurred loss during Latest PY |
0 |
|
|||||||||
|
|
New
Mexico direct losses incurred as shown on NAIC Annual Statement Schedule T |
|
|
|||||||||
|
|
Difference |
0 |
|
|||||||||
|
|
|
|
|
|||||||||
|
||||||||||||
[13.14.17.15 NMAC – Rp, 13.14.17.15 NMAC, 1/1/2021; A/E,
1/24/2024; N, 07/16/2024]
HISTORY OF 13.14.17 NMAC:
Pre-NMAC History. None.
History of Repealed Material.
13.14.17 NMAC, Underwriter’s Experience Report
(filed 4/28/2000) repealed 7/1/2005.
13.14.17 NMAC, Underwriter’s Experience Report
(filed 6/1/2005) repealed 7/1/2006.
NMAC History.
13 NMAC 14.3 Subpart D, Underwriter’s Experience
Report, effective 7/1/1997.
13 NMAC 14.3 Subpart D, Underwriter’s Experience
Report (filed 5/30/1997) was renumbered, reformatted and replaced by 13.14.17
NMAC, Underwriter’s Experience Report, effective 5/15/2000.
13.14.17 NMAC, Underwriter’s Experience Report
(filed 4/28/2000) was replaced by 13.14.17 NMAC, Underwriter’s Statistical
Report, effective 7/1/2005.
13.14.17 NMAC, Underwriter’s Experience Report
(filed 6/1/2005) was replaced by 13.14.17 NMAC, Underwriter’s Statistical
Report, effective 7/1/2006.
13.14.17 NMAC, Underwriter’s Statistical Report
amended effective 7/31/2014.
13.14.17 NMAC, Underwriter’s Statistical Report
amended effective 3/1/2016.
13.14.17 NMAC, Underwriter’s Statistical Report
(filed 7/1/2006) was replaced by 13.14.17 NMAC, Insurer’s Statistical Report,
effective 1/1/2021.
13.14.17 NMAC, Underwriter’s Statistical Report
amended effective 1/24/2024.