Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
New Mexico Men Accused in Arson, Insurance Fraud Case
Oct 18 2019 // Two men from San Juan County, N.M., are accused of committing arson and insurance fraud while allegedly setting up another man to take the fall. County sheriff’s officials say 54-year-old Patrick Roller and...
Lloyd’s to Open Miami Office to Expand Its Latin American and Caribbean Business
Sep 19 2019 // Lloyd’s plans to set up an office in Miami to support business development in the Latin American and Caribbean markets. “Latin America is a key market for Lloyd’s, with premium close to US$1.5...
SOBC DARAG Acquires New Mexico P&C Insurance Company
Sep 12 2019 // SOBC DARAG has acquired New Mexico P&C Insurance Co. SOBC DARAG has received approvals from New Mexico OSI and Florida OIR for the transaction. Terms of the deal weren’t disclosed. SOBC DARAG Holdings is...
$900K in Claims Paid to Settle Against Police Chief in New Mexico
Aug 28 2019 // The state of New Mexico acknowledged Monday that it paid out $900,000 to three State Police officials who complained of workplace discrimination and retaliation by the state’s former police chief. The payout is the...
Fake Claims, Price Gouging, Bogus Contractors: How Fraudsters Steal Disaster Aid
Aug 23 2019 // As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for recovery efforts are being stolen by fraudsters taking advantage of chaos and the pipeline...
Sompo Global Risk Solutions Forms Small Business Team in U.S., Mexico
Aug 12 2019 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has formed a new Sompo Global Risk Solutions (GRS) team offering insurance products to smaller...
Mexico Oil Company Pemex Offers Health Bonuses for Employees with Skinnier Waists
Aug 5 2019 // At Mexico’s state-run oil company, skinnier waists mean bigger bonuses. Under Petroleos Mexicanos’s new collective bargaining contract with its union, workers who meet certain body weight standards will receive...
More Funds Sought for Those Exposed to Radiation from Nuclear Weapons Test
Jul 23 2019 // A compensation program for those exposed to radiation from years of nuclear weapons testing and uranium mining would be expanded under legislation that seeks to address fallout across the western United States, Guam and...
Refineries in Tropical Storm Barry’s Path to Keep Operating
Jul 12 2019 // Most U.S. refiners whose plants are in the path of Tropical Storm Barry took steps on Friday to keep them running, even as forecasters warned that the second named storm of the season could become a hurricane just before...
Now a Tropical Storm, Barry Takes Aim at Louisiana
Jul 11 2019 // Tropical Storm Barry formed in the Gulf of Mexico and could strike Louisiana as a hurricane Saturday, causing almost $1 billion in damage and worsening flooding in New Orleans. The system, which was about 95 miles (153...
As Storm Forms in Gulf of Mexico, U.S. Oil Producers Shut Offshore Output
Jul 10 2019 // U.S. oil prices have climbed 3% as more major oil producers shut production and withdrew staff from offshore platforms in the U.S. Gulf of Mexico, as a storm threatened oil-producing areas. Anadarko Petroleum Corp., the...
2 Killed in Accident at Shell Auger Gulf of Mexico Platform
Jul 2 2019 // Two people were killed at Royal Dutch Shell’s Auger Tension Leg Platform in the deepwater U.S. Gulf of Mexico on Sunday morning while testing mandatory safety equipment, the company said. “One other...
Walmart Agrees to Pay $282 Million to End 7-Year Global Bribe Investigation
Jun 21 2019 // Walmart Inc. agreed to pay $282 million in penalties and a Brazilian unit admitted to violating a U.S. anti-bribery law, providing a relatively subdued ending to a seven-year investigation that spanned the globe and at one...
New Mexico Mayor’s Plan Would Bill Drivers for Emergency Costs
Jun 3 2019 // A New Mexico mayor has proposed billing drivers involved in car accidents resulting in hazardous material cleanup or victim extractions. Mayor Tim Keller’s budget proposal for fiscal year 2020 includes a new...
Colorado Man Files Negligence Suit in Deadly New Mexico Bus Crash
May 30 2019 // A Colorado man who survived a bus crash in New Mexico that killed three people including his wife last July has filed a lawsuit. Ramon Grajeda-Beltran and Olga Hernandez-Beltran of Rocky Ford were passengers on a...
Liberty Mutual Reinsurance Launches Operation Using Lloyd’s Mexico Platform
May 23 2019 // Liberty Mutual Reinsurance the reinsurance arm of Liberty Specialty Markets, announced it has launched a reinsurance operation under Lloyd’s registration in Mexico to serve clients in Mexico and Central America. The...
New Mexico Mayor’s Plan Would Bill Drivers for Emergency Costs
May 21 2019 // A New Mexico mayor has proposed billing drivers involved in car accidents resulting in hazardous material cleanup or victim extractions. The Albuquerque Journal reported that Mayor Tim Keller’s budget proposal for...
Prime Property & Casualty Insurance Enters New Mexico Commercial Auto Market
May 2 2019 // Prime Property & Casualty Insurance Inc. has entered the New Mexico commercial auto market as an admitted carrier specializing in insurance for distressed and substandard risks. PPCI offers the capacity to insure any...
NOAA Upgrades Hurricane Michael to Category 5
Apr 22 2019 // Hurricane Michael, which devastated a swath of the Florida Panhandle last fall, has been upgraded to a Category 5 storm, only the fourth to make recorded landfall in the United States and the first since 1992. The...
Farmers Grow to Like Crop of Technologies Helping Them Manage Weather Risk
Apr 16 2019 // When surprise hailstorms hit the 6,000 acres Trevor Scherman plants each year with peas, wheat, canola and lentils, his first move isn’t to his truck to assess the damage. These days, it’s to his iPad. Nine...
