Mexico News

Insurance Journal’s Academy of Insurance is saying, “Bon Voyage!”

San Diego, CA – 9/18/14 – Insurance Journal’s Academy of Insurance is teaming up with the Insurance Community University for a 4-day Princess Cruise this November. The insurance educators will set sail from Los Angeles on November 10th visiting Catalina …

Four Latin American Nations Agree to Remove All Trade Tariffs

Mexico, Colombia, Peru and Chile said on Monday they had wrapped up negotiations to remove all trade tariffs between them, cementing a bloc that the four hope will encourage free trade between Latin America and the rest of the world. …

Marsh & McLennan Offers Organized Crime Insurance in Mexico

The Mexican unit of insurer Marsh & McClennan Companies Inc said on Monday it is launching a policy that will cover terrorism, organized crime and sabotage, the first such policy available in a country wracked by drug-related violence. Mexico’s ongoing …

Euler Hermes and MAPFRE Form ‘Solunion’; a New Credit Insurance Venture

Euler Hermes and MAPFRE jointly announced the launch of “Solunion”- the brand name of their new credit insurance joint venture in Spain and four Latin American countries. Each partner owns 50 percent of the company, which is set to launch …

Cooper Gay Swett & Crawford – Looking Forward, Not Back

Don’t tell Toby Esser, Cooper Gay Swett & Crawford’s CEO, that the global economy is in the doldrums. “We’ve had substantial organic growth over the last 12 months with property up around 20 percent, and an increased market share,” he …

Explosion, Fire at Mexico Pemex Gas Facility Kills 26

An explosion and fire killed at least 26 people at a Pemex natural gas facility in northern Mexico near the U.S. border on Tuesday, one of the deadliest accidents in the oil and gas industry in recent years. Television footage …

Tropical Storm Helene Weakens as it Passes over Mexico’s East Coast

Tropical Storm Helene made landfall off the Gulf of Mexico on Saturday and weakened into a tropical depression as it plowed up Mexico’s east coast, the U.S. National Hurricane Center said. The depression was about 65 miles (105 km) west-northwest …

Weakened Hurricane Ernesto Causes Minimal Damage

Hurricane Ernesto weakened to a tropical storm as it passed over Mexico’s Yucatan Peninsula. According to catastrophe modeling firm AIR Worldwide, Ernesto made landfall overnight as a Category 1 hurricane near the coastal community of Mahahual.” AIR said that, “although …

UPDATE: Cat I Hurricane Ernesto Nears Mexico, Belize

According to the latest report from the National Hurricane Center in Miami, the center of category 1 Hurricane Ernesto was about 20 miles, 35 km, north of Chetumal, Mexico and about 160 miles, 260 km, east south east of Campeche, …

TS Ernesto Strengthens; Expected to Impact Belize, Mexico; AIR Analysis

Tropical Storm Ernesto is gaining strength as it moves west-northwest at around 13 mph, 20 km/h, according to the latest bulletin – 5:00 a.m. EDT – from the National Hurricane Center in Miami. As it moves along the forecast track …