New Mexico SB154: INSURANCE COVERAGE FOR WILDFIRE & FLOODS

What the bill says

An act relating to insurance; enacting a new section of the new mexico insurance code to require that coverage for loss from a wildfire include coverage for loss from related flood damage.

From the introduced text, January 26, 2026:

AN ACT RELATING TO INSURANCE; ENACTING A NEW SECTION OF THE NEW MEXICO INSURANCE CODE TO REQUIRE THAT COVERAGE FOR LOSS FROM A WILDFIRE INCLUDE COVERAGE FOR LOSS FROM RELATED FLOOD DAMAGE. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. A new section of Chapter 59A, Article 18 NMSA 1978 is enacted to read: "[NEW MATERIAL] PROPERTY INSURANCE--LOSS FROM WILDFIRE-- COVERAGE.--When a policy covers damage from a wildfire as a covered loss, the policy shall include damage from related flooding and flood damage, including damage from landslides, debris flows, mudflows, mudslides or other similar events, as covered losses for five years after the wildfire is controlled." SECTION 2. APPLICABILITY.--The provisions of this act .233056.1SA wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ apply to policies issued on or after July 1, 2026. - 2 - .233056.1SA

Read the full official text

Sponsors

• Katy Duhigg (D, SD-010) · primary sponsor
• Christine Chandler (D, HD-043)
• Anita Gonzales (D, HD-070)

Latest actions

1. February 5, 2026: SCONC: Reported by committee with Do Pass recommendation
2. January 30, 2026: SCC: Reported by committee to fall within the purview of a 30 day session
3. January 26, 2026: Sent to SCC - Referrals: SCC/SCONC/STBTC
4. : Action Postponed Indefinitely

Common questions

What is SB154?

SB154 is a bill in the New Mexico Legislature (2026 Regular Session): INSURANCE COVERAGE FOR WILDFIRE & FLOODS.

What does SB154 do?

In its own words: An act relating to insurance; enacting a new section of the new mexico insurance code to require that coverage for loss from a wildfire include coverage for loss from related flood damage.

What is the status of SB154?

In committee as of February 5, 2026. Latest action: SCONC: Reported by committee with Do Pass recommendation (February 5, 2026).

Who sponsored SB154?

Katy Duhigg (D, SD-010), with 2 co-sponsors.

Where is the official record for SB154?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=154&year=26