reglab/housing_qa huggingface dataset:
NM Stat § 59A-32A-3 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 32A - Rental Car Insurance Limited Producer License|Section 59A-32A-3 - General rules.

A. No rental car company and no officer, director, employee or agent of a rental car company shall offer, sell, bind, effect, solicit or negotiate the purchase of rental car insurance unless that company is licensed as an insurance producer pursuant to the New Mexico Insurance Code [Chapter 59A NMSA 1978] or has complied with the requirements of the Rental Car Insurance Limited Producer License Act. B. The superintendent of insurance may issue to a rental car company that has complied with the requirements of the Rental Car Insurance Limited Producer License Act, a license that authorizes the rental car company to act as a rental car agent in accordance with the provisions of that act, in connection with and incidental to rental agreements, on behalf of any insurer authorized to write such insurance in this state. History: Laws 2001, ch. 94, § 3. ANNOTATIONSEffective dates. — Laws 2001, ch. 94, § 10 made the Rental Car Insurance Limited Producer License Act effective July 1, 2001.
NM Stat § 59A-32A-4 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 32A - Rental Car Insurance Limited Producer License|Section 59A-32A-4 - Licensing rental car companies as rental car agents.

A rental car company may apply to be licensed as a rental car agent under the terms of the Rental Car Insurance Limited Producer License Act if it satisfies all of the requirements of that act and if it files the following documents with the superintendent of insurance: A. a written application for licensure, signed by the applicant or by an officer of the applicant, in the form prescribed by the superintendent of insurance that includes a listing of all locations at which the rental car company intends to offer, sell, bind, effect, solicit or negotiate rental car insurance; and B. a certificate filed by the insurer for the applicant stating that the insurer has satisfied itself that the applicant is trustworthy and competent to act as its insurance producer limited to this purpose; that the insurer has reviewed the employee training program required by Subsection D of Section 59A-32A-5 NMSA 1978 and believes that it satisfies the statutory requirements; and that the insurer will appoint the applicant to act as its insurance producer to transact the kinds of insurance that are permitted by the Rental Car Insurance Limited Producer License Act if the license for which the applicant is applying is issued by the superintendent of insurance. The certification shall be subscribed by an officer or managing agent of the insurer on a form prescribed by the superintendent of insurance. History: Laws 2001, ch. 94, § 4; 2016, ch. 89, § 63. ANNOTATIONSThe 2016 amendment, effective July 1, 2017, clarified a citation in the section and replaced "agent" with "insurance producer" throughout the section; and in Subsection B, after "Subsection D of Section", deleted "5 of the Rental Car Insurance Limited Producer License Act" and added "59A-32A-5 NMSA 1978". Severability. — Laws 2016, ch. 89, § 71 provided that if any part or application of Laws 2016, ch. 89 is held invalid, the remainder or its application to other situations or persons shall not be affected.
NM Stat § 59A-32A-6 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 32A - Rental Car Insurance Limited Producer License|Section 59A-32A-6 - Rental car agent and endorsee restrictions.

No insurance may be issued, offered, sold, solicited or negotiated pursuant to this section unless: A. the rental period of the rental agreement is ninety consecutive days or less; B. at every location where rental agreements are executed, brochures or other written materials are readily available to the prospective renter that: (1) summarize, clearly and correctly, the material terms and conditions of coverage offered to renters, including the identify of the insurer; (2) describe the process for filing a claim in the event the renter elects to purchase coverage, including a toll-free telephone number to report a claim; (3) provide the rental car agent's name, address, telephone number and license number, as well as the consumer hotline number for the superintendent of insurance; (4) state that the rental car insurance offered by the rental car agent or endorsee may provide a duplication of coverage already provided by a renter's personal automobile policy or by another source of coverage; (5) state that the purchase by the renter of the rental car insurance is not required in order to rent a rental car; (6) state that neither the rental car agent nor its endorsees are qualified to evaluate the adequacy of the renter's existing insurance coverages; (7) set forth the costs for the rental car insurance in the rental agreement; and (8) contain any additional information as the superintendent of insurance may prescribe; and C. evidence of the rental car insurance purchased is disclosed on the face of the rental agreement. History: Laws 2001, ch. 94, § 6. ANNOTATIONSEffective dates. — Laws 2001, ch. 94, § 10 made the Rental Car Insurance Limited Producer License Act effective July 1, 2001.
NM Stat § 59A-32A-7 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 32A - Rental Car Insurance Limited Producer License|Section 59A-32A-7 - Rental car agent and endorsee prohibitions.

A rental car agent or endorsee shall not: A. offer, sell, bind, effect, solicit or negotiate the purchase of rental car insurance except in conjunction with and incidental to rental agreements; B. advertise, represent or otherwise portray itself or any of its employees or agents as licensed insurers or insurance producers; or C. pay any person, including a rental car endorsee, any compensation, fee or commission that is dependent solely on the placement of insurance under the license issued pursuant to the Rental Car Insurance Limited Producer License Act. Nothing in this section shall prohibit production payments or incentive payments to a person that are not dependent solely upon the sale of insurance. History: Laws 2001, ch. 94, § 7; 2016, ch. 89, § 64. ANNOTATIONSThe 2016 amendment, effective July 1, 2017, in Subsection B, after "licensed insurers", deleted "insurance agents", and after "or insurance", deleted "brokers" and added "producers". Severability. — Laws 2016, ch. 89, § 71 provided that if any part or application of Laws 2016, ch. 89 is held invalid, the remainder or its application to other situations or persons shall not be affected.
NM Stat § 59A-32A-8 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 32A - Rental Car Insurance Limited Producer License|Section 59A-32A-8 - Enforcement.

A. In the event a provision of the Rental Car Insurance Limited Producer License Act is violated by a rental car agent or endorsee, the superintendent of insurance may: (1) after notice and hearing, revoke or suspend the license issued under the Rental Car Insurance Limited Producer License Act; or (2) after notice and hearing, impose other penalties, including suspending the transaction of insurance at specific rental locations where violations of the Rental Car Insurance Limited Producer License Act have occurred. B. If a person offers or sells insurance in connection with, or incidental to, rental agreements or holds himself or a company out as a rental car agent without satisfying the requirements of the Rental Car Insurance Limited Producer License Act, the superintendent of insurance shall be authorized to issue a cease and desist order. History: Laws 2001, ch. 94, § 8. ANNOTATIONSEffective dates. — Laws 2001, ch. 94, § 10 made the Rental Car Insurance Limited Producer License Act effective July 1, 2001.
NM Stat § 59A-32A-9 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 32A - Rental Car Insurance Limited Producer License|Section 59A-32A-9 - Trust accounts.

Notwithstanding any provision of the Rental Car Insurance Limited Producer License Act or any other rule or statute, a licensee pursuant to that act shall not be required to treat money collected from renters purchasing rental car insurance when renting rental cars as funds received in a fiduciary capacity or to hold the funds in separate trust accounts. History: Laws 2001, ch. 94, § 9. ANNOTATIONSEffective dates. — Laws 2001, ch. 94, § 10 made the Rental Car Insurance Limited Producer License Act effective July 1, 2001.
NM Stat § 59A-33-1 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-1 - Assigned risk pool, short title.

Chapter 59A, Article 33 NMSA 1978 may be cited as the "Workers' Compensation Assigned Risk Pool Law". History: Laws 1984, ch. 127, § 534; 1989, ch. 42, § 1. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 82 Am. Jur. 2d Workers' Compensation §§ 468 to 473. Pre-emption by Longshore and Harbor Workers' Compensation Act (33 USCS § 901 et seq.) of state law claims for bad-faith dealing by insurer or agent of insurer, 90 A.L.R. Fed. 723.
NM Stat § 59A-33-2 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-2 - Scope of article.

The Workers' Compensation Assigned Risk Pool Law shall apply only as to contracts of workers' compensation insurance. Such contracts shall also be subject to the applicable provisions of Chapter 59A, Article 18 NMSA 1978. History: Laws 1984, ch. 127, § 533; 1989, ch. 42, § 2.
NM Stat § 59A-33-3 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-3 - Purpose.

It is the purpose of the Workers' Compensation Assigned Risk Pool Law to provide for the insurance of workers' compensation insurance risks that have, in good faith but without success, sought insurance in the usual manner from any two or more insurers authorized to transact in New Mexico the business of workers' compensation insurance and to provide for the equitable distribution of risks among commercial line insurers. History: Laws 1984, ch. 127, § 535; 1989, ch. 42, § 3; 1990 (2nd S.S.), ch. 2, § 94; 1993, ch. 201, § 1. ANNOTATIONSThe 1993 amendment, effective June 18, 1993, deleted "as determined by the superintendent" at the end of the section and made a minor stylistic change. Law reviews. — For survey of 1990-91 workers' compensation law, see 22 N.M.L. Rev. 845 (1992). Am. Jur. 2d, A.L.R. and C.J.S. references. — 82 Am. Jur. 2d Workers' Compensation § 469. 100 C.J.S. Workmen's Compensation § 372.
NM Stat § 59A-33-4 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-4 - Definitions.

As used in the Workers' Compensation Assigned Risk Pool Law: A. "board" means the governing board of the pool; B. "commercial line insurer" means any foreign, alien or domestic stock or mutual insurer, or reciprocal or interinsurance exchange, or association or other corporation or organization authorized to transact workers' compensation insurance, commercial multiple peril insurance or commercial general liability insurance in this state. The superintendent may adopt rules and regulations to define commercial multiple peril insurance or commercial general liability insurance. For policy years beginning on or after January 1, 1994, "commercial line insurer" shall apply to workers' compensation only and shall not include commercial multiple peril insurance or commercial general liability insurance; C. "person" means an individual, firm, association, corporation or a public or private agency or institution; D. "policyholder" means a person or entity insured through or by the pool; E. "pool" means the New Mexico workers' compensation assigned risk pool established pursuant to Section 59A-33-5 NMSA 1978; F. "rejected risk" means an employer who is in good faith entitled to insurance but is unable to procure or retain insurance through ordinary methods in the voluntary market as evidenced by at least two written rejections. The term includes any legal entities that may be combined for experience-rating purposes according to the rules of the superintendent; and G. "servicing carrier" means a person designated by the superintendent to issue a policy that evidences the insurance coverages provided to a rejected risk and to service the policyholder as provided in the Workers' Compensation Assigned Risk Pool Law. History: Laws 1984, ch. 127, § 536; 1989, ch. 42, § 4; 1990 (2nd S.S.), ch. 2, § 95; 1993, ch. 201, § 2. ANNOTATIONSThe 1993 amendment, effective June 18, 1993, added the second and third sentences in Subsection B; and inserted "Assigned Risk" in Subsection G.
NM Stat § 59A-33-5 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-5 - Organization of assigned risk pool.

A. To carry into effect the provisions of the Workers' Compensation Assigned Risk Pool Law, there shall be maintained a nonprofit unincorporated association of commercial line insurers to be known as the "New Mexico workers' compensation assigned risk pool", and every commercial line insurer shall be a member of the pool. B. The pool shall be governed by a board constituted of seven persons, appointed by the superintendent as follows: (1) at least four members shall be knowledgeable and have experience in the field of workers' compensation insurance and be employed by or represent private, voluntary licensed insurance companies; (2) all members shall be appointed for two-year terms; and (3) all members shall be appointed and subject to removal by the superintendent. C. The board shall adopt, amend and repeal bylaws, subject to the approval of the superintendent, to govern the board's and the pool's operation and administration and to provide for the self-sufficient, economic, fair and nondiscriminatory administration of the pool. D. The pool shall pay all costs and expenses of operating and maintaining the pool, including any allowances for servicing policies issued through or reinsured by the pool. State funds shall not be appropriated or expended for payment of any costs or expenses incurred in the operation or maintenance of the pool. E. There shall be no liability on the part of and no cause of action shall arise against the board, the pool, its executive director or any of its staff, agents, servants or employees or against any member of the pool or any of its officers, directors, agents, servants or employees, arising out of or in connection with any judgment or decision made in connection with the performance of the powers and duties under the Workers' Compensation Assigned Risk Pool Law. This shall include any inspections, safety engineering investigations performed, or recommendations made in good faith in any reports or in communications concerning employers due to their applying for or being provided insurance coverage by the pool, or at any administrative hearing or inquiry conducted in connection with insurance coverage provided by the pool pursuant to the purposes and objectives of the Workers' Compensation Assigned Risk Pool Law. History: Laws 1984, ch. 127, § 537; 1989, ch. 42, § 5; 1990 (2nd S.S.), ch. 2, § 96. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 82 Am. Jur. 2d Workers' Compensation § 469. 100 C.J.S. Workmen's Compensation § 372.
NM Stat § 59A-33-5.1 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-5.1 - Operation of pool.

The pool shall operate towards being self-sufficient and shall be self-sufficient no later than July 1, 1995. The rates charged the policyholders shall be set so that the amount received in premiums, together with reasonable investment income earned on those premiums, is reasonably expected to be sufficient to pay claims and losses incurred and reasonable operating expenses of the servicing carriers. History: 1978 Comp., § 59A-33-5.1, enacted by Laws 1990 (2nd S.S.), ch. 2, § 97.
NM Stat § 59A-33-5.2 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-5.2 - Pool deficit review.

A. The pool's efficient and self-sufficient operation is essential to the successful operation of the workers' compensation system in New Mexico. The effect of the pool's operation upon small employers is a particularly critical concern that merits continuing and close supervision by the state. The state should make all reasonable efforts to ensure that employers who are good risks, and particularly small employers who have established good safety records, are not penalized in the pool with higher than warranted workers' compensation premium charges. B. For the reasons set forth in this section, the superintendent shall continuously and closely monitor the performance of the pool, paying special attention to small employers. The superintendent shall report quarterly to the legislative finance committee on the status of the assigned risk pool. History: Laws 1990 (2nd S.S.), ch. 3, § 5. ANNOTATIONSCompiler's notes. — This section was enacted as part of the "Assigned Risk Pool Law", but was assigned as part of the "Workers' Compensation Assigned Risk Pool Law" by the compiler.
NM Stat § 59A-33-6 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-6 - Powers of the pool; duty of member companies; servicing carriers.

A. The pool shall provide workers' compensation insurance, pursuant to the terms of the Workers' Compensation Assigned Risk Pool Law, for any risk, under the laws of the state providing for workers' compensation, which risk in good faith has been tendered to and rejected by two or more insurers writing workers' compensation insurance. The pool may purchase reinsurance, either on a single occurrence or aggregate coverage basis. B. In accordance with the bylaws of the pool, the board shall designate servicing carriers, that are willing to serve as such, the total number of which shall be determined by the board. Contracts with and compensation of servicing carriers shall be subject to the superintendent's approval. Contracts shall be for a term determined by the board subject to the superintendent's approval. C. Following the adoption by the pool and approval by the superintendent of rules and regulations of the pool as provided for in Section 59A-33-9 NMSA 1978, the procedures and remedies established under the Workers' Compensation Assigned Risk Pool Law shall be the sole and exclusive procedures and remedies of any applicant for workers' compensation insurance in this state whose application for such insurance has in good faith been rejected in writing by two or more insurers writing workers' compensation insurance. History: Laws 1984, ch. 127, § 538; 1989, ch. 42, § 6; 1990 (2nd S.S.), ch. 2, § 98. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 82 Am. Jur. 2d Workers' Compensation § 469. 100 C.J.S. Workmen's Compensation § 372.
NM Stat § 59A-33-7 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-7 - Assignment of risks by the pool.

When any person makes application to two or more insurers writing workers' compensation insurance for workers' compensation insurance and the insurers in good faith reject in writing the application, that person may file with the pool an application for assignment of the risk to a servicing carrier. If it appears to the pool that the risk is, in good faith, entitled to insurance, the pool shall assign such risk to a servicing carrier. History: Laws 1984, ch. 127, § 539; 1989, ch. 42, § 7; 1990 (2nd S.S.), ch. 2, § 99. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 100 C.J.S. Workmen's Compensation § 372.
NM Stat § 59A-33-8 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-8 - Issuance of policy; annual report.

A. The servicing carriers to which the pool assigns a workers' compensation insurance risk shall issue a policy, upon the payment of the premiums, in a form and for those limits of liability that are approved by the superintendent in accordance with the Workers' Compensation Assigned Risk Pool Law; but the undertakings of any issued policy shall be fully reinsured by all of the members of the pool, and the liability of the member issuing the policy shall be limited to its liability as a reinsurer. On any workers' compensation policy so issued, all members of the pool shall be reinsurers, as among themselves, in proportion to the amount that the net direct commercial line premiums on the insurance written in this state during the corresponding calendar year by the issuing member bears to the total of commercial line premiums written in this state during the corresponding calendar year by all members of the agency, and each policy may be endorsed to reflect the plan of reinsurance described in this section. B. The superintendent may by regulation establish an incentive program for commercial line insurers to voluntarily write small employers outside of the assigned risk pool. In establishing the program, the superintendent may provide for credits or adjustments to the net direct commercial line premium for the purposes of determining the reinsurance share described in Subsection A of this section. History: Laws 1984, ch. 127, § 540; 1989, ch. 42, § 8; 1990 (2nd S.S.), ch. 2, § 100; 1993, ch. 201, § 3. ANNOTATIONSCross references. — For existing forms and filings, see notes following 59A-5-21 NMSA 1978. The 1993 amendment, effective June 18, 1993, added the Subsection "A" designation; substituted "corresponding" for "preceding" twice in the second sentence in Subsection A; and added Subsection B. Am. Jur. 2d, A.L.R. and C.J.S. references. — 82 Am. Jur. 2d Workers' Compensation § 465. 100 C.J.S. Workmen's Compensation § 354.
NM Stat § 59A-33-9 (2021)
2021 New Mexico Statutes|Chapter 59A - Insurance Code|Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks|Section 59A-33-9 - Rules and regulations.

The pool shall adopt regulations to assure the fair, reasonable, equitable and nondiscriminatory assignment of workers' compensation insurance risks, the applicable rates and rate modifications and other matters necessary or advisable to carry into effect the provisions of the Workers' Compensation Assigned Risk Pool Law. Regulations shall have the prior approval of the superintendent before they become effective. If the pool for any reason has failed to adopt regulations as provided in this section, the superintendent may adopt and issue reasonable regulations assuring the fair, reasonable, equitable and nondiscriminatory assignment of workers' compensation insurance risks, the applicable rates and rate modifications and other matters necessary or advisable to carry into effect the provisions of the Workers' Compensation Assigned Risk Pool Law. Regulations adopted and issued by the superintendent shall continue in force until modified by the superintendent or superseded by regulations adopted by the pool and approved by the superintendent. History: Laws 1984, ch. 127, § 541; 1989, ch. 42, § 9; 1990 (2nd S.S.), ch. 2, § 101. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 82 Am. Jur. 2d Workers' Compensation § 469. 100 C.J.S. Workmen's Compensation § 372.