New Mexico grants subpoena power to superintendent of insurance

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Previously, the Office of Superintendent of Insurance (OSI) was limited in its capacity to compel information before filing a notice of contemplated action. Under the amended Section 59A-2-8 of the New Mexico Statutes, the superintendent can now issue a civil investigative subpoena during the early stages of an investigation. This tool can be used to secure documents, testimony, or other relevant information even before formal enforcement proceedings are underway.

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