Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
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...
New Bridge Design Tested by Nevada Quake Lab Following Mexico Quake
Sep 22 2017 // Scientists at a Nevada earthquake lab this week tested new bridge designs with connectors they say are innovative and created to better withstand violent temblors and speed reconstruction efforts after major quake...
Natural Disasters Begin to Hit Profits of Global Reinsurers
Sep 22 2017 // A profit warning from one of the world’s largest reinsurers is the latest sign that the death and destruction from a spate of hurricanes and earthquakes in North America are now taking a toll on the titans of global...
Global Reinsurers Face Exposures to Mexico City Earthquake: Morgan Stanley
Sep 21 2017 // Global reinsurers will likely face exposures from a massive magnitude 7.1 earthquake that struck Mexico City on Sept. 19, Morgan Stanley said in a new research note. This earthquake led to dozens of deaths and the toppling...
Search for Survivors Underway after Mexico Earthquake; Hundreds Killed
Sep 20 2017 // Mexican search and rescue teams worked through the night after an earthquake rocked one of the world’s largest urban centers, killing hundreds and reducing buildings to rubble. Military police, paramedics and...
New Mexico Prosecutor, Insurance Company Spar Over Premium Taxes
Sep 14 2017 // A standoff over millions of dollars in unpaid insurance premium taxes is escalating between New Mexico’s attorney general and the state’s largest health-care insurance provider. New Mexico Attorney General...
Death Toll from Mexico Earthquake Rises to 96
Sep 12 2017 // The death toll from Mexico’s 8.1 magnitude earthquake rose to 96 on Monday as more victims were confirmed in the hard-hit southern states of Oaxaca and Chiapas and residents worked to repair shattered homes and small...
New Mexico Sues 8 Drug Manufacturers, Distributors over Opioid Epidemic
Sep 11 2017 // New Mexico has sued eight opioid manufacturers and wholesale distributors, becoming the latest state or local government to file a lawsuit seeking to hold corporations accountable for a national drug addiction...
After Powerful Mexico Quake, Authorities Evaluate if Cat Bond Payout Triggered
Sep 10 2017 // At least 61 people died when the most powerful earthquake to hit Mexico in over eight decades tore through buildings and forced mass evacuations in the poor southern states of Oaxaca and Chiapas, triggering alerts as far...
As Harvey Winds Down, Hurricane Irma Waiting in Wings
Sep 1 2017 // Hurricane Harvey has left major devastation in Texas, but there is another hurricane called Irma out in the Atlantic that could take aim at the United States within the next week or so. Irma became a hurricane early on...
Hurricane Harvey Shutters Key Oil, Gas Operations in Texas
Aug 27 2017 // Key oil and gas facilities along the Texas Gulf Coast have temporarily shut down as Hurricane Harvey pounds the region with torrential rain and high winds, virtually assuring gasoline prices will rise in the storm’s...
Harvey Hits Texas With Massive Winds, Torrential Rain
Aug 26 2017 // Harvey became the strongest hurricane to hit Texas in more than 50 years, making landfall in the heart of the U.S. energy sector and bringing the danger of a life-threatening storm surge. Harvey came ashore as a Category 4...
Harvey Set to Bring ‘Catastrophic’ Flooding Across Texas
Aug 23 2017 // Harvey, which could strengthen into the first hurricane to strike Texas since 2008, forced workers off Gulf of Mexico platforms, sent cotton rallying and has airlines preparing for flight disruptions. Tropical Storm...
U.S., Canada, Mexico Conclude First Round of Talks on NAFTA
Aug 21 2017 // The United States, Canada and Mexico wrapped up their first round of talks on Sunday to revamp the NAFTA trade pact, vowing to keep up a blistering pace of negotiations that some involved in the process said may be too...
A.M. Best América Latina Chief Resigns; Keenan Assumes Interim Role
Aug 18 2017 // A.M. Best announced today that Manuel Agustin Calderón de las Heras has resigned from his position as managing director of A.M. Best América Latina to pursue other opportunities. Calderón de las Heras has been with A.M....
Franklin Briefly Becomes Atlantic Basin’s 1st Hurricane; Weakens to Tropical Storm
Aug 10 2017 // Tropical Storm Franklin made landfall as a Category 1 hurricane in eastern Mexico during Wednesday night with estimated maximum winds of 85 mph, according to a report issued by Weather Underground. Over the Bay of...
