New Mexico News

New Mexico Gets $50M Tobacco Settlement Payment

New Mexico this year will receive the largest tobacco settlement payment it has ever received from the industry. The state attorney general’s office made the $50 million announcement this week, saying the payment includes an additional $14.5 million as a …

New Mexico City Settling Cell Beating Lawsuit for $400K

The city of Las Cruces, N.M. has agreed to pay $400,000 to a man who claims police officers used excessive force on him when he was detained in a holding cell. The Las Cruces Sun-News reported that the settlement figure …

New Mexico Regulators Approve Reopening of Troubled Nuclear Dump

New Mexico regulators have approved restarting normal operations at the nation’s only underground nuclear waste repository, a major step for U.S. officials aiming to reopen the facility nearly three years after a radiation leak shut it down indefinitely. Two letters …

New Mexico Farming Firm Expected to Lose $4M over Breach

A breach earlier this year in the water delivery system that serves Navajo Agricultural Products Industry is expected to end up costing the tribal business in New Mexico more than $4 million in lost revenue. The Daily Times reported the …

New Mexico’s Auditor Wants Second Audit Of Insurance Taxes

New Mexico’s state auditor is calling for a new audit into whether health-insurance companies have been underpaying the premium taxes they owe. The Albuquerque Journal reported that State Auditor Tim Keller asked that a new independent accounting firm should be …

New Mexico Insurance Regulator Says Back Taxes Audit Inaccurate

New Mexico’s superintendent of insurance is saying an audit into his office’s failure to collect some $190 million in back taxes from insurers was based on incorrect data. The Santa Fe New Mexican reported that in a letter Tuesday to …

Immigrant License Applications in New Mexico Slow as Cutoff Approaches

The number of immigrants seeking driver’s licenses in New Mexico has slowed but remains on pace to reach a four-year high as a deadline approaches to comply with federal ID requirements, according to a review by The Associated Press. Data …

New Mexico Workers’ Comp Costs May Drop in 2017

New Mexico employers could see a decrease in their insurance costs for on-the-job injuries and deaths. The state Office of Superintendent of Insurance says a key factor in calculating individual employers’ workers’ compensation costs will drop by an average of …

New Mexico Driver’s License Revamp Draws Fresh Criticism

New Mexico officials ran into fresh criticism Tuesday about revisions to the state’s immigrant driver’s license law at a public hearing on the proposed regulations. The Department of Taxation and Revenue has said its plan to implement a law approved …

New Mexico to go after $193M in Premium Taxes

New Mexico failed to collect at least $193 million in taxes on insurance premiums over the past five years, even as the state struggles this year to close a major budget shortfall, according to an independent review of collections. New …