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Current as of January 01, 2024 | Updated by Findlaw Staff
An insurer shall maintain a complete record of all complaints it has received during the next preceding three (3) years, or since date of last examination by the superintendent or other similar supervisory authority, whichever period is shorter. The record shall show the total number of complaints, classification by line of coverage, nature of each complaint, disposition of the complaint and time it took to process each complaint. For purposes of this section “complaint” means any written communication primarily expressing a grievance.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 59A. Insurance Code § 59A-16-22. Record of complaints required - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-59a-insurance-code/nm-st-sect-59a-16-22/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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