Phone: 1-855-4ASK-OSI (1-855-427-5674)
Address: 1120 Paseo de Peralta, Suite 428, Santa Fe, NM 87501
The Office of Superintendent of Insurance (OSI) seeks to provide New Mexico consumers with convenient access to reliable insurance products underwritten by dependable and financially sound companies. The OSI strives to ensure that these insurance companies have a proven history of fair and reasonable rates and are represented by trustworthy and qualified agents. The OSI is committed to consumer protection and to the deterrence and prosecution of insurance fraud.
The State Investment Council invests agency trust funds from the Patients’ Compensation Fund (PCF). The PCF was created to cover medical malpractice claims that are over and above the coverage held by health care providers. These health care providers must be qualified under the Medical Malpractice Act. To be qualified under the Medical Malpractice Act, health care providers must provide proof of malpractice liability insurance and pay the surcharge assessed on health care providers by the superintendent of insurance pursuant to Section 41-5-25 NMSA 1978.