New Mexico Register /
Volume XXIX, Issue 3 / February 13, 2018
NOTICE OF PROPOSED RULEMAKING
NOTICE is hereby given that the Superintendent of Insurance (Superintendent), New Mexico Office of Superintendent of Insurance (OSI), pursuant to the statutory mandate of Subsection A of Section 59A-30-8 NMSA 1978 (2009), will hold a public comment hearing on March 19, 2018. The hearing will begin at 10 a.m. and will be held in at the Old PERA Building, 4th Floor Hearing Room, 1220 Paseo de Peralta, Santa Fe, New Mexico 87501. The purpose of the hearing is to take public comment regarding supplemental proposed amendments to the Title Insurance Regulations codified at Title 13, Chapter 14 NMAC.
The purpose of the supplemental proposed rule amendments is to incorporate further changes to the proposed rules that were previously noticed for comment through the notice of proposed rulemaking issued in this docket that was published on September 26, 2017. The further changes were developed, both through communication among the Designated Parties, and as a result of the public hearing that was held in this docket on November 6, 2017. The supplemental proposed rule amendments were submitted by the New Mexico Land Title Association.
The rule citations below are to the New Mexico Administrative Code (NMAC). If amended as proposed, the supplemental proposed rule amendments would include new prices and charges for certain services and would include various cleanup provisions.
The Superintendent may consider alternative proposals for amending the Title Insurance Rules. The supplemental proposed rule amendments shall be posted on the OSI website at http://www.osi.state.nm.us/, under the “Legal” tab and also in the “Communications” section, under “Statutes and Rulemaking.” Copies may also be obtained by contacting the OSI Records Management Bureau at the address below.
OSI staff, all title insurers, and title
insurance agents conducting business in New Mexico, and members of the public
are encouraged to provide oral comments and to file written proposals, pursuant
to the following schedule. Oral comments
will be accepted at the public hearing from any interested person. Comments of
Designated Parties on the proposed rules are due no later than February 23,
2018. Responsive proposals or comments
of Designated Parties are due no later than March 5, 2018. Comments of persons who are not Designated
Parties or their respective employees or members are due by March 9, 2018. A telephonic pre-hearing conference will be held on March 13, 2018 at
10 a.m. MST to narrow the issues to be addressed at the public comment hearing
and to hear any pending motions filed in the case. The Superintendent or his
designated hearing examiner will file a notice in this docket giving the
call-in information required to attend the pre-hearing conference.
In accordance with Subsection E of Section 59A-30-8 NMSA 1978 (2009), after the collection of all evidence relevant to the hearing, the Superintendent will file in this docket a notice of closure of the administrative record and will issue a decision within sixty days of that notice of closure of the administrative record.
All documents shall be filed by hand delivery, mail, or electronic mail to:
Mr. Mariano Romero
OSI Records Management Bureau
1120 Paseo de Peralta, Room 331
P. O. Box 1689
Santa Fe, NM 87504-1689
ATTN: Docket No. 17-00025-RULE-PC
Any person with a disability requiring special assistance in order to participate in the hearing should contact Melissa Martinez, at 505-476-0333 no later than March 14, 2018.