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NM SB154
Bill
Status
Introduced
1/26/2026
Primary Sponsor
Katy Duhigg
Click for details
AI Summary
- Property insurance policies that cover wildfire damage must also cover related flood damage for five years after a wildfire is controlled
- Covered flood-related events include landslides, debris flows, mudflows, mudslides, and other similar events
- Adds a new section to Chapter 59A, Article 18 of the New Mexico Insurance Code
- Applies to policies issued on or after July 1, 2026
Legislative Description
Insurance Coverage For Wildfire & Floods
Last Action
SCONC: Reported by committee with Do Pass recommendation
2/5/2026
Committee Referrals
Committees1/26/2026
Full Bill Text
No bill text available