2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 18 - The Insurance Contract
Section 59A-18-1 - Scope of article.
59A-18-1. Scope of article.
Chapter 59A, Article 18 NMSA 1978 applies as to all insurance policies and annuity contracts of authorized insurers covering individuals resident, or risks located, or insurance protection to be rendered in this state, other than:
A. reinsurance;
B. policies or contracts not issued for delivery in this state nor delivered in this state, except for contracts for or endorsements of workers' compensation insurance when the workers' compensation risk insured arises from the employment of a worker performing work for an employer in New Mexico and that employer is not domiciled in New Mexico;
C. wet marine and transportation insurance, as defined in Section 59A-7-5 NMSA 1978 [repealed]; or
D. surplus lines insurance contracts, unless such contracts are specifically included by rule.
History: Laws 1984, ch. 127, 331; 1988, ch. 119, 3; 2011, ch. 127, 14.
