The following factors are likely indicators of a reverse competitive market:

1. A. insurance products sold or solicited in point-of-sale conjunction with purchases of consumer goods;
2. B. insurance products sold or solicited by individuals other than professional insurance agents;
3. C. products that insurers market primarily to parties other than prospective policyholders or to the parties that will pay the premium;
4. D. low loss ratios; or

5. E. high commission ratios.

   HISTORY OF 13.8.2 NMAC:

   Pre-NMAC Regulatory Filing History:

   Material in the part was derived from that previously filed with the commission of public records - state records center and archives:

   ID 67-1, Sections 10-1-1 through 10-1-13, New Mexico Official Administrative Rules and Regulations Code, on December 1, 1967

   ID 70-1, Regulations Governing the Filing of Casualty, Fidelity, Surety, Property, Title and Vehicle Insurance Rates (Article 10, Chapter 58, Rule 1 Section 10-1-1 to Section 10-1-13), on June 3, 1970

   SCC 87-3-IN, Rate Filings By Insurers And Rate Service Organizations, Insurance Department Regulation 17, Rule 1, on October 6, 1987.

   History of Repealed Material: [RESERVED]

   Other History:

   That applicable portion of ID 70-1, Regulations Governing the Filing of Casualty, Fidelity, Surety, Property, Title and Vehicle Insurance Rates (Article 10, Chapter 58, Rule 1 Section 10-1-1 to Section 10-1-13) (filed 6-03-70); and

   SCC 87-3-IN, Rate Filings By Insurers And Rate Service Organizations, Insurance Department Regulation 17, Rule 1 (filed 10-06-87) were renumbered, reformatted, amended, and replaced by 13 NMAC 8.2, Rate Filings by Insurers and Rate Service Organizations, effective 7-01-97.

   13 NMAC 8.2, Rate Filings by Insurers and Rate Service Organizations (filed 12-18-01) was renumbered, reformatted, amended, and replaced by 13.8.2 NMAC, Rate Filings by Insurers and Rate Service Organizations, effective 1-15-02.

[13.8.2.29 NMAC - N, 10-1-07]