This rule authorizes premium credits for workers' compensation and employer's liability insurance as defined in NMSA 1978 Section 59A-7-6A(3) for those employers utilizing certain qualifying classifications. The premium credit calculation in this rule shall apply to new or renewal qualifying policies effective on and after July 1, 1992.

[4-1-92; 13.17.6.2 NMAC – Rn & A, 13 NMAC 17.6.2, 5-15-01]