Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
Confie Acquires Auto Insurance America in Nevada and New Mexico
Jan 3 2017 // Confie has acquired Auto Insurance America from Western National Mutual Insurance Co. Auto Insurance America is a provider of non-standard auto insurance serving Nevada and New Mexico. The company has five locations in Las...
New Mexico Regulators Approve Reopening of Troubled Nuclear Dump
Dec 28 2016 // New Mexico regulators have approved restarting normal operations at the nation’s only underground nuclear waste repository, a major step for U.S. officials aiming to reopen the facility nearly three years after a...
New Mexico Farming Firm Expected to Lose $4M over Breach
Dec 27 2016 // A breach earlier this year in the water delivery system that serves Navajo Agricultural Products Industry is expected to end up costing the tribal business in New Mexico more than $4 million in lost revenue. The Daily...
New Mexico’s Mountain States Mutual to Merge with Donegal Mutual
Dec 21 2016 // New Mexico’s Mountain States Mutual Casualty Co. is merging into Pennsylvania-based Donegal Mutual Insurance Co., the insurers announced. Donegal Mutual will be the surviving company in the merger, and Mountain...
New Mexico’s Auditor Wants Second Audit Of Insurance Taxes
Nov 30 2016 // 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...
New Mexico Insurance Regulator Says Back Taxes Audit Inaccurate
Nov 21 2016 // 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...
President Trump Expected to Target Immigration, Taxes, Trade, Affordable Care Act
Nov 9 2016 // Donald Trump’s surprise election Tuesday as U.S. president means the repudiation of Barack Obama’s legacy and a strong likelihood Republicans will undo many of his accomplishments, including Obamacare and trade...
New Mexico Workers’ Comp Costs May Drop in 2017
Nov 7 2016 // 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’...
Immigrant License Applications in New Mexico Slow as Cutoff Approaches
Oct 31 2016 // 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...
New Mexico Workers’ Comp Costs May Drop in 2017
Oct 25 2016 // 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’...
New Mexico Driver’s License Revamp Draws Fresh Criticism
Oct 21 2016 // 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...
Lloyd’s Names Revilla as Head of Latin America
Oct 17 2016 // Lloyd’s has appointed Daniel Revilla as head of Latin America responsible for enhancing business relationships and trading rights across the region for the benefit of the Lloyd’s market. He will also assume the...
XL Catlin Opens 2nd Mexico Office; Matthey Named Client Distribution Leader
Oct 13 2016 // XL Catlin has opened a second office in Mexico, located in Monterrey, and appointed Carlos Matthey as client distribution leader in that location. Monterrey is the capital of the state of Nuevo León, which has an economy...
New Mexico Regulator Seeks More Time to go after Back Taxes from Insures
Oct 3 2016 // New Mexico’s superintendent of insurance pleaded Wednesday for more time to recover unpaid taxes on insurance premiums and investigate at least one company, after an outside audit uncovered $193 million in...
New Mexico to go after $193M in Premium Taxes
Sep 23 2016 // 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...
Hailstorm Caused $4M in Damage to City in New Mexico
Sep 23 2016 // 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...
Arkansas Judge: Investors Can Sue Wal-Mart as Group Over Mexico Bribe Claim
Sep 22 2016 // An Arkansas judge has ruled Wal-Mart Stores Inc. investors may bring fraud claims against the retailer as a group, clearing a hurdle in a lawsuit over bribes it allegedly paid to help open new stores in Mexico. The ruling...
2 Mexican Physicians Sentenced in Texas for Fake Accident-Related Insurance Fraud
Sep 19 2016 // Prosecutors in South Texas say two doctors from a family medicine clinic in Mexico must serve nearly three-year U.S. prison terms for insurance-related fraud. Dr. Mayolo Melchor and 61-year-old Dr. Bertha...
Hurricane Newton Hits Mexico with Threat of Flash Floods, Mud Slides
Sep 6 2016 // Hurricane Newton made landfall Tuesday morning in northwest Mexico and will probably cause damage from heavy rain. Cabo San Lucas, a popular tourist destination, will be hit by winds moving as fast as 90 miles (144...
Dead New Mexico Woman’s Family Sues Bar over Lewd Corndog Contest
Aug 22 2016 // A New Mexico family is suing the owners of a shuttered Albuquerque night club, their former landlord and a liquor license-holder after a woman choked during a corndog eating contest and suffered fatal brain damage. The...
