State statute · New Mexico

Insurance Fraud (Insurance Fraud Act, 59A-16C-1 to 59A-16C-16)

NMSA 1978, Chapter 59A (New Mexico Insurance Code), Article 16C

Publisher: nmonesource.com
Edition: NMSA 1978, current through the Second Session of the Fifty-Seventh Legislature
Last checked: 2026-09-29
Status: NM statutes, public domain

Edition and licensing notes

Publisher. nmonesource.com (New Mexico Compilation Commission)

Edition. NMSA 1978, current through the Second Session of the Fifty-Seventh Legislature (2026) (same edition string as the corpus documents nm-ins-producer-licensing and nm-ins-01 from the same PDF; the PDF was generated 2026-09-24 per its metadata)

Status. NM statutes, public domain (state government edict).

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What this document is

NMSA 1978, Chapter 59A (New Mexico Insurance Code), Article 16C - Insurance Fraud (Insurance Fraud Act, 59A-16C-1 to 59A-16C-16) is a state statute published by nmonesource.com (New Mexico Compilation Commission). It is one of the New Mexico documents that insurance license exam questions are written from, including new mexico property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

NMSA 1978, § 59A-16C-14(B) (Insurance fraud fund created; appropriation)
“the superintendent shall determine a rate of assessment and collect a fee from authorized insurers in an amount not less than two hundred dollars ($200) and not exceeding one-tenth of one percent of the correctly reported direct written premiums on policies written in New Mexico by the authorized...”
NMSA 1978, § 59A-16C-7(B) (Immunity from civil liability; private insurance fraud reports and enforcement actions)
“Except when a person intentionally communicates false information he actually believes to be false, a person shall not be subject to liability by virtue of reporting or furnishing, orally or in writing, information concerning suspected, anticipated or completed insurance fraud acts when the report...”
NMSA 1978, § 59A-16C-6(C) (Notice and cooperation required; tolling period)
“If an insurer has a reasonable belief or probable cause to believe that an insurance fraud has been committed and has properly notified the superintendent of its suspicion, that notification shall toll any applicable time period in any unfair claims proceeding based on the alleged fraud until...”
NMSA 1978, § 59A-16C-8 (Warning required)
“The failure to include that statement shall not constitute a defense against prosecution for commission of insurance fraud.”

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Questions about this source

NMSA 1978, Chapter 59A (New Mexico Insurance Code), Article 16C - Insurance Fraud (Insurance Fraud Act, 59A-16C-1 to 59A-16C-16) is a state statute published by nmonesource.com (New Mexico Compilation Commission). Edition: NMSA 1978, current through the Second Session of the Fifty-Seventh Legislature (2026) (same edition string as the corpus documents nm-ins-producer-licensing and nm-ins-01 from the same PDF; the PDF was generated 2026-09-24 per its metadata).

No. This page summarizes the document and links to the official version. Always rely on the text published by nmonesource.com (New Mexico Compilation Commission) for the current law.

Practice questions for New Mexico Property & Casualty cite this document.

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