New Mexico Register / Volume XXXVI, Issue 13 / July 15, 2025

This is an amendment to 13.14.4 NMAC Sections 1 and 7, effective 07/15/2025.

13.14.4.1 ISSUING AGENCY: Office of Superintendent of Insurance [("OSI")] (OSI).

[13.14.4.1 NMAC – Rp, 13.14.4.1 NMAC, 1/1/2021; A, 07/15/2025]

13.14.4.12 NOTICE TO OSI:

A. A title insurer, agency or title insurance agent, who discovers any of the following, shall provide notice to OSI within five days of:

(1) notice of suit in any civil or criminal action against the title insurer, title insurance agency, or title insurance agent involving any alleged misconduct or liability of the title insurer, title insurance agency, or title insurance agent concerning a New Mexico escrow; or

(2) any disciplinary action taken by the disciplinary board or by the supreme court of New Mexico involving misconduct concerning an escrow by a title insurer or title insurance agent who is a licensed attorney.

B. A title insurer, agency or title insurance agent, who discovers theft or fraud of an escrow account, or escrow as defined in Subsection H of 13.14.1.7 NMAC, shall notify OSI within two days of discovery.

[13.14.4.12 NMAC – Rp, 13.14.4.12 NMAC, 1/1/2021; A, 07/15/2025]