Risk Management Division reports $3.9 million shortfall in settlement fund - Insurance News | InsuranceNewsNet

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February 6, 2025 INN Insider News
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Risk Management Division reports $3.9 million shortfall in settlement fund

The agency charged with insuring New Mexico state government reported a negative balance of $3.9 million in its settlement fund, and estimated during a Wednesday presentation to the Senate Finance Committee that the fund could be on the hook for $87.9 million more in outstanding settlements.

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