TO PROVIDE A MECHANISM TO FACILITATE CONTINUATION OF COVERAGE, PAYMENT OF COVERED CLAIMS UNDER CERTAIN INSURANCE POLICIES, TO AVOID EXCESSIVE DELAY IN PAYMENT AND AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS BECAUSE OF INSOLVENCY OF AN INSURER, TO ASSIST IN DETECTION AND PREVENTION OF INSURER INSOLVENCIES AND PROVIDE AN ASSOCIATION TO ASSESS THE COST OF SUCH PROTECTION AMONG INSURERS.
Reported officers (all unpaid)
No paid executives reported in 2024. NEW MEXICO LIFE INSURANCE GUARANTY ASSOCIATION reported 10 unpaid officers and board members on its 990.
Revenue and expenses over time
NEW MEXICO LIFE INSURANCE GUARANTY ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about NEW MEXICO LIFE INSURANCE GUARANTY ASSOCIATION
What are NEW MEXICO LIFE INSURANCE GUARANTY ASSOCIATION's revenue and expenses?
In 2024, NEW MEXICO LIFE INSURANCE GUARANTY ASSOCIATION reported $3.1M in total revenue and $593k in total expenses on its IRS Form 990.
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