2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 20A - Viatical Settlements
Section 59A-20A-6 - Reporting requirements and confidentiality.
59A-20A-6. Reporting requirements and confidentiality.
A. Each licensee shall file with the superintendent on or before March 1 of each year an annual statement containing such information as the superintendent by rule may prescribe.
B. Except as otherwise allowed, a provider, broker, insurance company, insurance agent, insurance broker, information bureau, rating agency or company or any other person with actual knowledge of a viator's or insured's identity shall not disclose that identity to any other person unless the disclosure is:
(1) necessary to effect a viatical settlement between the viator and a provider and the viator has given written consent and, if the insured's identity is being disclosed and the insured is competent, the insured has given written consent to the disclosure;
(2) provided in response to an investigation by the superintendent or any other governmental officer or agency; or
(3) a term of or condition to the transfer of a viaticated policy by one provider to another provider.
History: Laws 1999, ch. 246, 6.
