New Mexico lawmakers will have to wait a year before tinkering with the state's uniform title insurance rate regulations, with Gov. Bill Richardson saying the issue is too complex for legislators to tackle in their lone 30-day meeting session this year. New Mexico's unpaid "citizen-legislators" meet for just 30 days in even numbered years, and can debate only budget and tax issues or legislation the governor places on the agenda. A spokesman for the governor said Richardson is not opposed to title insurance reform, but that his primary focus for the abbreviated 2008 legislative session is health insurance. The legislature's 30-day meeting "is simply not enough time for a full and fair hearing on the issue," which should be thoroughly studied to ensure consumers don't end up pa...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.