N.M. Admin. Code § 13.7.4.10
Current through Register Vol. 35, No. 24, December 23, 2024
Upon the occurrence of an event that reasonably appears to be a catastrophe, and after receipt of the pre-declaration insurer reports required pursuant to Section 9 of this rule, the superintendent will consult with the catastrophic claims bureau as soon as practicable and will decide whether or not to declare a catastrophic loss. If the superintendent declares a catastrophic loss, then the superintendent will immediately assign a catastrophic claim number to that loss.
N.M. Admin. Code § 13.7.4.10