A. The superintendent shall preserve in the office of superintendent of insurance and in permanent form copies of all notices and orders given or made and of all other papers and records relating to the business and transactions of the office and shall hand the same over to the superintendent's successor in office.

B. Except as otherwise provided by the Insurance Code or by order of court, the papers and records shall be open to public inspection. The superintendent may classify as confidential certain records and information obtained from another governmental agency or other source upon the express condition that they remain confidential or are deemed confidential by the superintendent, and such records and information shall not be subject to public inspection while confidentiality exists; except that no filing required to be made with the superintendent under the Insurance Code shall be deemed confidential unless expressly so provided by law.

C. The superintendent may destroy unneeded or obsolete records and filings in the office of superintendent of insurance pursuant to the Public Records Act [Chapter 14, Article 3 NMSA 1978].

History: Laws 1984, ch. 127, § 30; 2013, ch. 74, § 16.

The 2013 amendment, effective March 29, 2013, provided for preservation, inspection, and destruction of the records of the office of the superintendent of insurance; in Subsection A, after "shall preserve in the", added "office of superintendent of", after "insurance", deleted "department", after "transactions of the", deleted "department" and added "office", and after "hand the same over to", deleted "his" and added "the superintendent's"; and in Subsection C, after "filings in the", added "office of superintendent of" and after "insurance", deleted "department in accordance with provisions and procedures applicable in general to records and filings of the corporation commission" and added "pursuant to the Public Records Act".