New Mexico Statutes 59A-18-30. Disclosure of premium and claim data
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A. An insurer shall for a policy of insurance coverage provide the named insured of the policy with premium and claim data within sixty days of receipt of a written request from the named insured.
Terms Used In New Mexico Statutes 59A-18-30
- policy: means any contract of insurance, indemnity, health care, suretyship or annuity between the insurer and the insured, by whatever name such contract is called, and includes all clauses, riders, endorsements and papers which are a part thereof. See New Mexico Statutes 59A-18-2
B. As used in this section “premium and claim data” shall include:
policy;
(1) the sum of all premiums charged or billed by the insurer for the insurance policy;
(2) the sum of all amounts paid out pursuant to claims covered under the (3) a list of all pending claims against the policy which are open; and
(4) cumulative loss or claim reserves chargeable to the policy.
C. None of the provisions of this section shall be applicable to life insurance policies or group insurance policies.