An insurance trade group said it expects New Mexico Gov. Bill Richardson will sign two newly passed bills related to insurance rate filing and consumer credit reports.
The major bills that passed this session dealt with regulatory modernization to permit use after filing of insurance rates (SB 483) and legislation enabling consumers to limit access to their credit reports (SB 165).
Kelly Campbell, regional manager for the Property-Casualty Insurers Association of America (PCI), said the governor's silence on the issue indicates he will probably sign the bills.
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