New Mexico § 59A-20A-6 Reporting requirements and confidentiality

New Mexico Statutes

§ 59A-20A-6 — Reporting requirements and confidentiality

New Mexico·Ch. 59A Insurance Code·Art. 20A Viatical Settlements

A. Each licensee shall file with the superintendent on or before March 1 of each year an annual statement containing such information as the superintendent by rule may prescribe. B. Except as otherwise allowed, a provider, broker, insurance company, insurance agent, insurance broker, information bureau, rating agency or company or any other person with actual knowledge of a viator's or insured's identity shall not disclose that identity to any other person unless the disclosure is:

(1)necessary to effect a viatical settlement between the viator and a provider and the viator has given written consent and, if the insured's identity is being disclosed and the insured is competent, the insured has given written consent to the disclosure;

(2)provided in response to an investigation by the sup

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A. Each licensee shall file with the superintendent on or before March 1 of each year an annual statement containing such information as the superintendent by rule may prescribe. B. Except as otherwise allowed, a provider, broker, insurance company, insurance agent, insurance broker, information bureau, rating agency or company or any other person with actual knowledge of a viator's or insured's identity shall not disclose that identity to any other person unless the disclosure is: (1) necessary to effect a viatical settlement between the viator and a provider and the viator has given written consent and, if the insured's identity is being disclosed and the insured is competent, the insured has given written consent to the disclosure; (2) provided in response to an investigation by the superintendent or any other governmental officer or agency; or (3) a term of or condition to the transfer of a viaticated policy by one provider to another provider.

New Mexico § 59A-20A-6 (Reporting requirements and confidentiality) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.