Browsing: New Mexico

Advocacy groups reveal significant rise in nonrenewed home insurance policies in New Mexico from 2018 to 2023, with some areas experiencing over 2000% increase in policy cancellations.

New Mexico faces a potential property insurance crisis as over 23% of homeowners lack insurance coverage, nearly double the national average.

A bill aimed at making home insurance more accessible in wildfire-prone areas of New Mexico failed to pass, though the bill’s sponsor remains optimistic for those affected.

A New Mexico bill is seeking to mandate health insurance coverage for medical marijuana, mirroring the coverage of prescription medications.

New Mexico is taking steps to improve its insurance market by studying the potential for a state-sponsored fire insurance program.