KalshiCheck availabilityKYC required2% feeVerified resolution dataFairly calibratedCurrent implied probability
No 62%
Market quality
≤49 / 100
Low quality24h Volume
—
Liquidity
—
Liquidity unknownBid / Ask
39.0% / 40.0%
Spread
1.0 pt
Tight spreadMarket data
Updated 10 minutes ago
Aug 17, 26, 7:45 PM UTCAug 1, 27, 3:59 AM UTC
Trends
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KalshiRules
If legislation expressly setting or requiring dwelling coverage of at least $500,000 under the FAIR Plan Act or a successor state residual property insurance mechanism, or appropriating at least $10 million in state funds as a premium subsidy or catastrophe backstop for residential wildfire insurance is enacted in New Mexico before Aug 1, 2027, then the market resolves to Yes.
Settles via:State of New Mexico
- Enactment requires completion of all constitutional and legal requirements for the legislation to become binding law.
- Standard legislation requiring executive approval: final passage by all required legislative bodies, executive signature OR becoming law despite executive inaction OR successful veto override, and satisfaction of any required waiting periods Legislation not requiring executive approval: final passage and completion of required waiting periods Constitutional amendments: passage with required supermajorities and completion of ratification processes Executive orders: official signature, publication in official government records, and legal effectiveness
- The following do NOT constitute enactment:
- Legislative passage without completed executive action Passage by only some required bodies Provisional passage Non-binding resolutions Draft orders
- Enactment occurs when all requirements are completed, regardless of pending judicial challenges.
Open markets
Latin America
POLYMARKETBrazil Presidential Election
- Luiz Inácio Lula da Silva-6.0pt53%
- Flávio Bolsonaro+5.5pt45%
- Renan Santos-0.2pt1%
+16 more outcomes
- Total Vol
- $145.4M
- 24h Vol
- $700.9K
POLYMARKETTrump renames New Mexico to New America by which date?
- December 31-20.5pt8%
- September 30-5.5pt5%
- Total Vol
- $95.8K
- 24h Vol
- $95.8K
POLYMARKETBrazil Presidential Election First Round: 2nd Place
- Flávio Bolsonaro-3.0pt88.8%
- Luiz Inácio Lula da Silva+1.0pt9.2%
- Renan Santos-0.5pt1%
+15 more outcomes
KALSHIBrazil Presidential election winner?
- Luiz Inácio Lula da Silva-2.0pt50.5%
- Flávio Bolsonaro+4.0pt42.1%
- Jair Bolsonaro+0.6pt2.8%
+11 more outcomes
- Total Vol
POLYMARKETParaná Governor Election Winner
- Sergio Moro83.8%
- Sandro Alex-2.0pt16.2%
- Requião Filho-0.3pt0%
+6 more outcomes
POLYMARKETVenezuela leader end of 2026?
- Nicolás Maduro85.6%
- Delcy Rodríguez-1.0pt12.4%
- María Corina Machado+0.1pt1%
+13 more outcomes
- Mercyhurst vs New Mexico
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Frequently asked questions
- What are the current odds for Will New Mexico expand its FAIR Plan??
- Kalshi prices No at 62% as of September 8, 2026.
- When does Will New Mexico expand its FAIR Plan? resolve?
- Will New Mexico expand its FAIR Plan? is scheduled to resolve on August 1, 2027.
- How is Will New Mexico expand its FAIR Plan? settled?
- Kalshi settles this market as follows: If legislation expressly setting or requiring dwelling coverage of at least $500,000 under the FAIR Plan Act or a successor state residual property insurance mechanism, or appropriating at least $10 million in state funds as a premium subsidy or catastrophe backstop for residential wildfire insurance is enacted in New Mexico before Aug 1, 2027, then the market resolves to Yes.