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TUES: NM sees lower costs for worker's comp insurance, Oil regs aim to limit seismic activity,+ More

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New Mexico sees lower costs worker's compensation insurance -Associated Press

New Mexico insurance regulators are reducing a key component in rates for workers' compensation coverage that should help employers spend less, starting next year.

The Superintendent of Insurance Office on Monday announced a 5.5% reduction in "loss costs" for insurance policies that are renewed or issued on or after Jan. 1, 2022.

Workers' compensation is a no-fault system of insurance aimed at protecting workers and employers financially from on-the-job accidents as well as job-related illness. Insurance regulators said that compensation claims are being filed less frequently than in the past, reflecting a commitment to safety.

State Insurance Superintendent Russell Toal said businesses can expect some financial relief on insurance costs amid challenges related to the COVID-19 pandemic. Detailed rates for worker's compensation policies are set by carriers and will vary by sector.

"Lower rates will help a large number of employers save money, which they can use to reinvest in their businesses," Toal said in a statement.

New Mexico oil regulators aim to limit seismic activity -Associated Press

New Mexico oil and gas regulators are watching closely as increased seismic activity is being reported in the Permian Basin along the Texas state line.

Under a plan recently rolled out by the New Mexico Oil Conservation Division, pending permits for wastewater injection in certain areas will require extra review. More reporting and monitoring also could be required and if things worsen, the state could limit how much wastewater is injected in disposal wells.

State officials say the protocols were developed in partnership with New Mexico Tech and after getting feedback from the oil and gas industry.

Division Director Adrienne Sandoval said New Mexico is trying to be proactive with what she described as a pragmatic approach.

"While some of the biggest events have occurred over the state line in Texas, the time is now to ensure larger events do not occur in our part of the oil field," she said in a statement.

The protocols call for reporting and monitoring when two magnitude 2.5 events occur within 30 days and within a 10-mile radius. Within that area, operators will be required to provide weekly reports on daily injection volumes and average daily surface pressure and share that with the state when requested.

If one magnitude 3.0 occurs, operators will have to reduce their injection rates — with higher reductions required closer to the epicenter.

Between March and September, the Oil Conservation Division received reports of seven earthquakes with magnitudes from 2.5 to 4.0 in an area about 35 miles east southeast of Malaga in southeastern New Mexico. Of these earthquakes, four were magnitude 3.0 or greater.

State officials say they've been working with operators near the epicenters of these events. In some cases, that has resulted in operators voluntarily suspending injection operations.

Analysis by the Oil Conservation Division suggests that injection well activity is a potential cause or contributor to seismic activity. State officials, staff at the New Mexico Bureau of Geology and the industry are trying to better understand the fault situation in and around the area to determine when and how disposal activities can continue.

In addition to 16 existing injection wells, the division currently has 72 pending applications for disposal wells within 10 miles of the area of concern.

New Mexico State to drop parking citations for peanut butter -Associated Press

New Mexico State University is offering anyone with a campus parking citation the chance to get out of their jam with some peanut butter.

The university will accept at least 80 ounces of peanut butter — the equivalent of five-six small jars — as payment for a citation for parking without a permit, officials said.

Donations will be accepted through Friday at the parking and ID card services office inside the university's bookstore on the Las Cruces campus. But donated peanut butter will only cover one citation per person. The deal does not apply to other parking citations and violations.

All the peanut butter will go to Aggie Cupboard, a food pantry serving the campus community.

The university is already planning to do this again at the end of the semester next spring.

Rio Rancho man dies while snowboarding at resort near Taos -Associated Press

A Rio Rancho man has died while snowboarding at a popular northern New Mexico ski resort.

Taos County Sheriff Jerry Hogrefe confirmed Monday that 28-year-old Jario Hernandez died over the weekend at Sipapu Ski and Summer Resort.

Hogrefe says his office is still completing an investigation of the Saturday incident. But so far, there is nothing to indicate the resort was at fault. Initially, Hogrefe reported that Hernandez had hit a tree.

J.P. Bradley, the general manager, said ski patrollers arrived within minutes of receiving reports of a snowboarder in distress and administered CPR. Paramedics then took over and transported Hernandez to a hospital but he was pronounced dead.

The New Mexico Office of the Medical Investigator will conduct an autopsy to determine the cause of death.

The resort, roughly 25 miles south of Taos, continued operating the ski area where the incident happened.

Navajo Nation reports 27 more COVID-19 cases, but no deaths -Associated Press

The Navajo Nation on Monday reported 27 more COVID-19 cases, but no additional deaths.

The latest daily virus figures brought the tribe's totals to 39,403 cases and 1,542 known deaths since the pandemic began.

Tribal health officials had reported 38 new cases and two deaths on Sunday.

Based on cases from Nov. 12-25, the Navajo Department of Health on Monday issued an advisory for 65 communities due to uncontrolled spread of COVID-19.

Tribal President Jonathan Nez said some public health experts believe the newly discovered omicron variant is already in the U.S.

Nez has again called for everyone in Indian Country to get fully vaccinated or get a booster shot and wear masks.

Health care providers and facilities across the Navajo Nation are administering COVID-19 vaccines and appointments are readily available.

The reservation covers 27,000 square miles and extends into parts of Arizona, New Mexico and Utah.

New Mexico St. parts with coach Doug Martin after 9 seasons -Associated Press

New Mexico State announced Saturday it is making a coaching change, moving on from Doug Martin after nine seasons.

Aggies athletic director Mario Moccia said after New Mexico State (2-10) ended its regular season by beating UMass that Martin's contract, which is set to expire after the season, would not be renewed.

"I wanted to take the opportunity to publicly thank Doug for everything he's done for the program," Moccia told reporters. "He faced many challenges, from social conduct to APR issues. And he more than improved those items."

Martin finished 25-74 at New Mexico State, a major college football independent. The Aggies will be joining Conference USA by 2023.

The 58-year-old Martin had one winning season, guiding New Mexico State to a bowl game in 2013 for the first time since 1960. The 57-year bowl drought was the longest in the country. The Aggies won the Arizona Bowl against Utah State to finish 7-6.