Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
Safety Concerns Remain at New Mexico Nuclear Waste Storage Site
Nov 29 2017 // A federal nuclear review panel still has some safety concerns about Los Alamos National Laboratory’s new multimillion-dollar storage facility for radioactive waste. The Defense Nuclear Facilities Safety Board said in...
Wrong Walgreens Prescription Led New Mexico Man’s to Suicide Attempt, Suit States
Nov 8 2017 // A northern New Mexico man is suing Walgreens over claims a pharmacist erroneously filled a prescription for him, and that anti-anxiety drug led to a suicide attempt. The Santa Fe New Mexican reported an attorney for...
Berkshire Insurance Units Take Q3 Hit from U.S. Hurricanes, Mexico Earthquake
Nov 6 2017 // Bad weather hurt Warren Buffett’s Berkshire Hathaway Inc. in the third quarter, as insurance losses tied to Hurricanes Harvey, Irma and Maria and an earthquake in Mexico contributed to a 43 percent drop in...
Workers at Los Alamos Lab in New Mexico Contaminated by Radioactive Material
Oct 30 2017 // Workers at the Los Alamos National Laboratory in New Mexico were contaminated after radioactive particles were released into the air inside the lab’s plutonium facility. The Santa Fe New Mexican reports the lab...
Study Links Colorado, New Mexico Quakes to Oil and Gas Fluid Injections
Oct 26 2017 // A rash of earthquakes in southern Colorado and northern New Mexico between 2008 and 2010 was likely due to fluids pumped deep underground during oil and gas wastewater disposal, according to a study from Colorado...
$65M of Unpaid Taxes by New Mexico Insurance Companies, Audit Shows
Oct 26 2017 // A long list of insurance companies failed to pay taxes on insurance premiums of nearly $65 million to the state of New Mexico since 2003, according to an independent audit released Tuesday that could weigh in ongoing legal...
Swiss Re Estimates $3.6B in Claims from U.S. Hurricanes & Mexican Quakes
Oct 20 2017 // Swiss Re, the world’s second-largest reinsurer, estimated its claims burden from hurricanes Harvey, Irma and Maria in the United States and from two earthquakes in Mexico at roughly $3.6 billion in the third...
Argo and Aspen Issue Loss Estimates for Q3 Natural Catastrophes
Oct 18 2017 // Argo Group International Holdings Ltd. and Aspen Insurance Holdings Ltd. have issued their third quarter catastrophe loss estimates, primarily related to Hurricanes Harvey, Irma and Maria as well as the earthquakes in...
Gulf of Mexico Oil Spill Stirs Comparison to BP Disaster
Oct 17 2017 // An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig. The Delta House floating production facility about 40...
Arthur J. Gallagher & Co. Acquires New Mexico’s Reynolds & Rodar Insurance Group
Oct 16 2017 // Arthur J. Gallagher & Co. has acquired Santa Fe, New Mexico-based Reynolds & Rodar Insurance Group Inc. Terms of the transaction were not disclosed. With roots going back to 1882, Reynolds & Rodar is the oldest...
More Re/Insurers Issue Their Q3 Natural Catastrophe Loss Estimates
Oct 13 2017 // The third quarter natural catastrophe loss estimates continue to rise, as more insurers and reinsurers weigh in with their loss totals from Hurricanes Harvey, Irma and Maria, and the Mexico earthquakes. The latest...
Prevalent, Discredited Building Technique Raised Mexico’s Quake Deaths: Engineers
Oct 12 2017 // Warm lighting would enhance the wood floors’ natural glow, the developer promised, so when all the custom lightbulbs burnt out, Anahi Abadia and her husband grudgingly drove to Home Depot to replenish supplies for...
Insurers, Reinsurers Tally Maria, Irma, Harvey and Other Disaster Losses
Oct 10 2017 // Losses from Hurricane Maria and other recent natural disasters, including hurricanes Irma and Harvey, the Mexico City earthquake and other events, have led global insurers and reinsurers to issue profi warnings.t Below are...
Q3 2017 Likely to Be One of Costliest for Natural Disasters: Aon Report
Oct 6 2017 // The third quarter of 2017 is likely to break a new record as one of the costliest quarters for natural catastrophes, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. “The...
Gulf Coast on Hurricane Watch As Tropical Storm Nate Strengthens
Oct 6 2017 // Tropical Storm Nate, which has already shut oil and gas platforms in the Gulf of Mexico, strengthened as it continued north on a path that’ll bring it ashore in the U.S. by week’s end. Nate was about 115 miles...
Partner Re, RenRe & Third Point Re Estimate Q3 Natural Catastrophe Losses
Oct 6 2017 // Three more reinsurers released their initial loss estimates from third quarter natural catastrophes, which include Hurricanes Harvey, Irma and Maria and the Mexico City earthquake. PartnerRe Ltd. estimates combined...
New Mexico Insurance Regulator Lowers Estimate for Missing Premium Taxes
Oct 4 2017 // New Mexico’s top insurance regulator says that an independent audit of unpaid insurance premium taxes shows far less money is owed to the state than previously thought. State Insurance Superintendent John Franchini...
UPDATE 2: Global Re/Insurers Estimate Price Tag of Q3 Hurricanes & Quakes
Oct 3 2017 // Losses from Hurricane Maria and other recent 2017 natural catastrophes, including Hurricanes Irma and Harvey, the Mexico City earthquakes and other events, have led global insurers and reinsurers to issue profit...
Economic Costs of Mexico’s Earthquake Could Surpass $2B
Sep 29 2017 // President Enrique Pena Nieto said Wednesday [Sept. 27] that preliminary accounting of the damage caused by the two big earthquakes that hit Mexico this month could cost upward of $2 billion (38.1 billion pesos). Pena Nieto...
Mexico Calculates Economic Cost of Quake; Insurance Covers Small Part of Losses
Sep 27 2017 // Mexican government officials are still tallying up the economic losses of the magnitude 7.1 earthquake that caused widespread damage in the capital, but for the manager of a downtown restaurant it is already all too...
