WSJ Commentary: Over 6,200 Homeowner Policies in New Mexico Non-Renewed for 2025, a Record High, Raising Concerns About Insurance Regulatory Authority
A Wall Street Journal opinion piece noted that Alice Kane, Superintendent of Insurance for New Mexico, recently disclosed that insurance companies in the state refused to renew over 6,200 homeowner policies in 2025, a historic high. This phenomenon has prompted local residents to scrutinize their insurance market, discovering that many governing rules are not set by elected officials but by a private non-profit organization, sparking discussions about the transparency of insurance regulation and the delegation of power.
Source:WSJ市场 · Source Link
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