New Mexico News

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 …

Hailstorm Caused $4M in Damage to City in New Mexico

A small city in southeastern New Mexico is recovering after being hit with a strong hailstorm. The Hobbs News-Sun reported that Jal was struck this weekend with hailstones bigger than golf balls that caused an estimated $4 million in damage. …

Mining Company Settles with Feds for $143M Cleanup

The federal government and state officials have reached a settlement with Chevron Mining Inc. that calls for $143 million in cleanup work at a Superfund site in northern New Mexico. The company will conduct a pilot project on 275 acres where …

New Mexico Village Gets $2.4M for Repairs from 2008 Storms

The village of Ruidoso in New Mexico will receive more than $2.4 million from the federal government to help with the cost of repairing sewer pipes damaged by storms and flooding nearly eight years ago. Members of New Mexico’s congressional …

Former New Mexico County Manager Files Suit after Being Axed for 3rd DWI

A former top western New Mexico county official fired after her third drunken driving arrest just two days into her new job has filed a lawsuit. An attorney for former interim Cibola County manager Rheganne (RAY’-gun) Vaughn says in court …