Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
SBA Loans Made Available in New Mexico, Arizona for Drought Economic Injury
Apr 23 2018 // The Small Business Administration says disaster loans are available to small nonfarm businesses in 13 counties in New Mexico and one in Arizona to offset economic losses because of reduced revenues caused by drought in two...
New Mexico Utility Says Insurance to Help Pay for Coal Silo Failure
Apr 16 2018 // The investigation into the cause of a structural failure of a coal silo at a power plant in northwestern New Mexico is ongoing, but the plant’s operator says repairs are underway. Officials with Public Service Co. of...
Red Flag Warnings Point to High Fire Danger for Parts of New Mexico
Apr 12 2018 // Forecasters with the National Weather Service are warning that parts of New Mexico are in for more windy conditions later this week and that means higher fire danger. They say a deep low pressure system in the Great Basin...
Family Files Suit Over Teen’s Death After New Mexico Rodeo Competition
Mar 28 2018 // The family of a teenager who died after a bull riding competition is suing the organizers of the 2016 event. Brandon Charley died in Fruitland, N.M., while riding a bull named WhooWee. The lawsuit filed in state district...
Ocean International Reinsurance Opens Representative Office in Mexico
Mar 26 2018 // Ocean International Reinsurance Co. Ltd. has opened a representative office in Mexico to be headed by Rebecca Peña. The office was opened in Feb. 19, 2018, after receiving regulatory approval from Mexico’s National...
DWI Fatalities New Mexico Fell 16 Percent in a Year
Mar 21 2018 // New Mexico’s DWI fatalities dropped 16 percent in 2017 from the previous year. Gov. Susana Martinez announced the decrease of alcohol-related fatalities from 173 in 2016 to 145 in 2017 on Friday as she said law...
New Markets
Mar 5 2018 // Insurance Broker / Large Retail Agent Errors & Omissions Market Detail: Rockwood Brokerage (www.rockwoodbrokerage.com) serves as the exclusive national administrator of an errors & omissions (E&O) product...
New Mexico Appeals Court Upholds Ruling in $165M Suit Against FedEx
Feb 19 2018 // The New Mexico Court of Appeals has upheld the ruling in a $165 million lawsuit against FedEx filed after a deadly accident involving a contracted FedEx truck. The 2011 crash west of Las Cruces killed three people...
New Mexico Appeals Court Upholds Ruling in $165M Suit Against FedEx
Feb 12 2018 // The New Mexico Court of Appeals has upheld the ruling in a $165 million lawsuit against FedEx filed after a deadly accident involving a contracted FedEx truck. Las Cruces Sun-News reports the 2011 crash west of Las Cruces...
State Forestry: New Mexico Could See Worst Fire Season in Decade
Feb 12 2018 // New Mexico State Forestry officials say they already are anticipating an aggressive fire season, as 70 percent of the state is facing severe drought. KRQE-TV reports Forestry Division Official Greg Hesch says conditions...
Aon Securities Structures Largest-Ever Earthquake Catastrophe Bond for World Bank
Feb 7 2018 // Aon Securities, the investment banking division of reinsurance intermediary and capital adviser Aon Benfield, has assisted the World Bank in structuring the largest-ever catastrophe bond covering earthquake, which provides...
$5M Settlement Reached in New Mexico Jail Death
Feb 2 2018 // A $5 million settlement has been reached in the death of a man who surveillance video and records show was repeatedly denied medical care after becoming violently ill inside a county jail, according to court records...
Insured Natural Disaster Losses in 2017 Were 38% of Economic Costs of $353B: Aon
Jan 24 2018 // Insured losses for last year’s 330 natural catastrophes reached US$134 billion, or 38 percent of their economic price tag of $353 billion, according to a report published by Impact Forecasting, Aon Benfield’s...
New Mexico School District Settles Suit for $800K with Former Employee
Jan 22 2018 // Albuquerque Public Schools in New Mexico will pay $800,000 to its former chief financial officer to settle a whistleblower lawsuit that claimed the former superintendent placed him on paid leave for questioning district...
Trump Declares Disaster for New Mexico Native American Community
Dec 22 2017 // President Donald Trump has issued a disaster declaration for a New Mexico Native American community that is recovering from the effects of severe weather and flooding. The declaration announced Thursday by the White House...
Shell Sued by Workers over Gulf of Mexico Platform Fire
Dec 19 2017 // Three offshore oil workers filed a lawsuit against units of Royal Dutch Shell and Enbridge, seeking $1 million in damages for injuries they allegedly received during a Nov. 8 fire on a U.S. Gulf of Mexico production...
Destruction of Expensive Toys Leads to Guilty Plea in Insurance Fraud Scheme
Dec 18 2017 // A Texas pilot in early December pleaded guilty to federal wire fraud and arson charges, associated with, among other things, intentionally crashing a plane in the Gulf of Mexico and destroying other expensive planes,...
Texas Pilot Pleads Guilty to Insurance Fraud in Gulf of Mexico Crash
Dec 11 2017 // A Texas pilot who survived a 2012 Gulf of Mexico plane crash and used an iPad to record his time in the water acknowledges it was insurance-related fraud. Theodore Robert Wright III pleaded guilty on Dec. 7 in Tyler to...
Tribe in New Mexico Requesting Federal Disaster Declaration for Flooding
Dec 11 2017 // New Mexico’s congressional delegation is asking the federal government for help as a Native American community in the state is recovering from the effects of severe weather and flooding. The delegation says a storm...
FAA Awards New Mexico Film Company First Drone Waiver
Dec 1 2017 // An Albuquerque, N.M. cinema drone company says the Federal Aviation Administration has issued it a waiver that will allow it to fly drones over cast and crews on film locations. Flytcam Motion Pictures Managing Partner...
