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The Success Family of CE Companies provides this information as a courtesy to individuals who are subject to insurance continuing education requirements.  Due to regulatory requirements we suggest that you contact your state department of insurance to insure that no regulatory changes have been enacted.  Although ongoing efforts have been made to qualify that the information provided here is accurate and current, neither The Success Family of CE Companies nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice.

New Mexico Insurance CE Requirements

Insurance Continuing Education Hours Required

  • 15 hours are required annually.
  • 7 hours annually for Title Guaranty licensees

Insurance Continuing Education State Specific Courses

  • 1 hour must be in Ethics.
  • Approved courses must be in the line of insurance for which is license is held
  • All New Mexico resident insurance agents licensed in P/C (Property Casualty) line of authority that may sell a flood insurance policy must complete a one-time 3 hour course related to the NFIP.

Insurance Continuing Education Renewal or Compliance Date for Licensees

  • Annually, September 30
  • September 30, annually. Late filing allowed through 10/30 without a fee. CE compliance filed 11/1 through 3/1 must include a $50 late fee.

Insurance Continuing Education Types of Courses Accepted

  • Independent self study courses or classroom
  • Self study allowed only for licensees living in areas where classes are not offered or where class attendance would impose a hardship.

Monitor Requirements

  • Exams DO NOT require a monitor.

Insurance Continuing Education Carryover Hours & Course Repetition

  • No excess CE credit hours may be carried over to the next renewal period.
  • Credit will not be given for a course that is repeated within a 3 year period.

Exemptions:

  • Individuals who have been continuously licensed for 25 years or more. (Must file a notarized statement outlining the 25 years of experience.)
  • Individuals who maintain a license solely for the purpose of receiving renewal fee residuals who do not otherwise transact insurance.
  • Newly licensed individuals are exempt for the reporting period in which the license is issued, unless previously licensed as a resident or nonresident in New Mexico.
  • Individuals who act as agents for fraternal benefit societies
  • Individuals holding limited licenses for transportation/ baggage insurance or credit life/health insurance.

Method to Certify Completion:

  • For Most States you will be able to print your certificate of completion online once you have completed your exam. 
  • The Licensee should Sign and Submit the Original Certificates of Completion, along with any Filing & Renewal Fees, to the New Mexico Department of Insurance, prior to their renewal date.
  • It may, however, take your State DOI or regulatory board up to 30 days to report your completion results on their systems.

Nonresidents:

            Eligible for compliance; if license meets home state CE requirement. Licensee    must submit proof of home state compliance and the CE filing fee.

 

Department of Insurance Contact Information:

           

            New Mexico Department of Insurance
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