Disclosure of rating practices and renewability

NMSA 1978, § 59A-23C-7 — under Article 23C.

NMSA 1978, § 59A-23C-7

provisions. Each small employer carrier shall make reasonable disclosure in solicitation and sales materials provided to small employers of the following: A. the provisions concerning the carriers' right to change premium rates and the factors that affect changes in premium rates; and B. the provisions relating to renewability of coverage. History: Laws 1991, ch. 153, § 7; 2019, ch. 259, § 6.