N.M. Admin. Code § 13.8.5.6
Current through Register Vol. 35, No. 21, November 5, 2024
The purpose of this rule is to establish criteria for the modification of manual rates through the application of insurer rate modification plans and experience rating plans and the reporting of pertinent information concerning the utilization of such plans in order to determine whether rates developed thereunder meet the standards of the rating law. Such information may also be utilized to assist in monitoring competition in accordance with Section 59A-17-3(A)(2) NMSA 1978.
N.M. Admin. Code § 13.8.5.6