Can This New Law Fix Insurance Complaints Faster? New Mexico Thinks So

New Mexico's New Insurance Law

New Mexico Grants Subpoena Power to Superintendent of Insurance: What Does it Really Mean for You? – A New Tool for Accountability in the Insurance World New Mexico has made a striking change to its regulatory landscape with the passage of Senate Bill 124 (SB 124). Signed into law on April 10, 2025, this legislation arms the state’s superintendent of insurance with a significant tool for oversight. For the first time, the superintendent can issue civil investigative subpoenas during the early phases of investigations, before formal action begins. This move…

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