N.M. Admin. Code § 13.8.5.14 - TRANSITION
A. Any new
insurance program to which this rule is applicable, instituted on or after the
effective date of this rule, must meet all requirements of this rule.
B. Insurers must use only filed and approved
programs. Insurers currently offering insurance programs to which this rule is
applicable shall file revised rate modification plans, experience rating plans,
and revised base rates to minimize the impact on policyholders, if necessary,
to meet the requirements of this rule. Workers' compensation filings should be
made at least 90 days in advance of the effective date of this rule. All other
applicable insurance programs should be filed at least 60 days in advance of
the effective date of this rule.
Notes
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