Chapter 59A, Article 18 NMSA 1978 applies as to all insurance policies and annuity contracts of authorized insurers covering individuals resident, or risks located, or insurance protection to be rendered in this state, other than:

1. A. reinsurance;
2. B. policies or contracts not issued for delivery in this state nor delivered in this state, except for contracts for or endorsements of workers' compensation insurance when the workers' compensation risk insured arises from the employment of a worker performing work for an employer in New Mexico and that employer is not domiciled in New Mexico;
3. C. wet marine and transportation insurance; or
4. D. surplus lines insurance contracts, unless such contracts are specifically included by rule.

History: Laws 1984, ch. 127, § 331; 1988, ch. 119, § 3; 2011, ch. 127, § 14; 2021, ch. 108, § 13.

ANNOTATIONS

The 2021 amendment, effective July 1, 2021, removed a reference to a repealed section of law; and in Subsection C, after "transportation insurance", deleted "as defined in Section 59A-7-5 NMSA 1978".

The 2011 amendment, effective July 1, 2011, removed surplus lines insurance contracts specifically included by rule from the scope of the exception.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 43 Am. Jur. 2d Insurance §§ 320 to 353.

Insurer's duty, and effect of its failure, to provide insured or payee with copy of policy or other adequate documentation of its terms, 78 A.L.R.4th 9.

Liability insurance coverage for violations of antipollution laws, 87 A.L.R.4th 444.

Admissibility of polygraph or similar lie detector test results, or willingness to submit to test, on issues of coverage under insurance policy, or insurer's good-faith belief that claim was not covered, 7 A.L.R.5th 143.

44 C.J.S. Insurance § 298 et seq.