N.M. Code R. § 13.14.19.8
Rates that are lower than the promulgated rates must meet the standards set forth in Section 59A-30-6(C) NMSA 1978 and the superintendent shall also consider the interests and protection of consumers and independent title insurance agents and the potential impact on competition within the title insurance industry.
[13.14.19.8 NMAC - N, 12-30-10]