New Mexico Highlights

Additional State Highlights

• Coverage options: Occurrence and claims-made
• Endorsed by the New Mexico Medical Society
• Claims free credit of 15 percent for eligible members
• HB75 addressed various issues over multiple legislative sessions, including revisions to the Medical Malpractice Act, which raised liability caps for healthcare providers, including hospitals and outpatient healthcare facilities. HB75 demonstrates New Mexico's ongoing efforts to reform healthcare and related services.
• Last New Mexico rate filing: 1/1/2025

Market share is based on Physicians and Surgeons business out of total Medical Professional Liability from annual report, supplement A to schedule T. This excludes Hospitals, Other Health Care Professionals, and Other Health Care Facilities. The direct premiums written used to calculate market share is provided by S&P Capital, a provider of news, financial data, and analysis. Companies and groups of companies are based on S&P Capital’s interpretation of annual report data provided by the NAIC. CAP-MPT and TMLT data comes directly from company printed annual reports. Excludes US territories. All TDC figures are from 2024 year-end data and include TDC, TDCSI, TDCRRG, TDCNA, and HRA (HIC).