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The New Mexico Public Regulation Commission or PRC is an independent agency created by the New Mexico Constitution.It is charged with regulating "...electric, natural gas, and water utilities, as well as telecommunications and motor carriers, to ensure fair and reasonable rates, and to assure reasonable and adequate services to the public."
Health insurance exchanges were established as a part of the 2010 Patient Protection and Affordable Care Act to enable individuals to purchase health insurance in state-run marketplaces. [2] In this legislation, states could choose to establish their own health insurance exchanges; if they choose not to do so, the federal government would run ...
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Oct. 16—New Mexicans who get individual medical coverage on the state health care exchange — including many self-employed people — will see hefty base rate hikes starting in January, but a ...
An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with their office, regulate the insurance industry. The powers granted to the office of an insurance commissioner differ in each state.
Until 1956, when the New York legislature passed their compulsory insurance law, Massachusetts was the only state in the U.S. that required drivers to get insurance before registration. North Carolina followed suit in 1957 and then in the 1960s and 1970s numerous other states passed similar compulsory insurance laws.
Feb. 6—Three state residents who have filed a lawsuit against insurance firm True Health New Mexico over what they call a "targeted cyberattack" are seeking to have their complaint declared a ...
In 2005, Arizona Home Insurance Company was purchased and incorporated into the group, writing policies solely in Arizona while the group continued to expand into Utah and New Mexico. The group began writing new construction home business in Texas with its builder agents in 2007. [2]