Latest Mexico Headlines

All the headlines from our Mexico Topic Page, ordered by recency.

Aon’s Impact Forecasting Launches Models for E. Africa Quakes, Mexico Floods

Sep 3 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched two new models: an earthquake model for East Africa and a new flood scenario-based model for Mexico reinsurers. East...

New Mexico City Refuses To Pay For Damage From ‘Bait’ Car

Aug 30 2013 // Albuquerque refuses to pay for damage to a New Mexico home struck by a city-owned bait car driven by teens, directing the homeowner to turn to his insurance policy to recover the costs for the damages. Bait cars are...

Four Latin American Nations Agree to Remove All Trade Tariffs

Aug 26 2013 // Mexico, Colombia, Peru and Chile said on Monday they had wrapped up negotiations to remove all trade tariffs between them, cementing a bloc that the four hope will encourage free trade between Latin America and the rest of...

Driver’s Licenses For Immigrants Declining In New Mexico

Aug 23 2013 // As more states prepare to offer driving privileges to immigrants who illegally entered the U.S., heavily Hispanic New Mexico appears headed in the other direction. An Associated Press review of state records shows New...

Atlantic Hurricane Season to Enter Most Active Phase Next Week

Aug 14 2013 // The Atlantic hurricane season is about to enter its most active phase as conditions for the powerful storms improve across the basin. Wind shear that can tear budding storms apart has been decreasing, said Dan Kottlowski,...

Ratings Recap: Patria Re, Arab Insurance, Provident Insurance (NZ)

Aug 2 2013 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Mexico’s Reaseguradora Patria,...

New Mexico Reaches $920K Settlement With Gas Processor

Jul 18 2013 // State environment officials have reached a settlement with the operator of a natural gas processing plant in southeastern New Mexico over alleged pollution violations. The Environment Department says the settlement with...

USDA Includes 2 New Mexico Counties In Drought Aid Areas

Jul 9 2013 // Two northern New Mexico counties are included in new federal government designations of primary disaster areas due to damages and losses caused by the ongoing drought. The USDA says farmers and ranchers in Rio Arriba and...

New Mexico Current Insurance Regulator To Remain In Office

Jun 28 2013 // State Insurance Superintendent John Franchini was selected to remain as New Mexico’s top insurance regulator when his office becomes an independent governmental agency next month. A nine-member committee named...

Florida Court Allows Californian’s Suit Against Miami Firms Tied to Mexican Resorts

Jun 24 2013 // A divided Florida Supreme Court is letting a lawsuit go ahead against a company that runs a resort in Mexico. The court ruled last Thursday that Shahla Cortez can proceed with her lawsuit against three Miami companies...

Plaintiffs: BP Acted With Gross Negligence in 2010 Spill

Jun 23 2013 // BP Plc and its contractors should be found grossly negligent for their actions in the April 2010 blowout of the Macondo well and the subsequent Gulf of Mexico oil spill, plaintiffs’ lawyers told a judge. U.S....

Tropical Storm Barry Lands on Mexico Gulf Coast; Pemex Refinery Unaffected

Jun 20 2013 // Tropical Storm Barry made landfall north of Mexico’s major Gulf Coast port of Veracruz on Thursday morning and was heading inland, unleashing rain showers and wind gusts, but installations of state oil monopoly Pemex...

Reports: 236 Oil, Gas Sites in New Mexico Failed Inspections

Jun 18 2013 // About 85 percent of 276 oil and gas well sites inspected in southeastern New Mexico over the past six weeks have failed to pass after-the-fact electrical safety inspections. Correction notices were issued to those sites...

Claims Seek Forest Service Payment For 2011 New Mexico Fire

Jun 17 2013 // The federal government is being asked to cough up more than $60 million for damages from the 2011 Las Conchas fire and subsequent flooding in northern New Mexico. According to the Santa Fe New Mexican, the Forest Service...

ACE Appoints Martinez to Lead Latin America Surety Operations

Jun 14 2013 // The ACE Group announced the appointment of Arturo Martínez as Vice President of Surety in Latin America and Director General of ACE Fianzas Monterrey, the second-largest surety writer in Mexico and the third-largest in...

5 Considered For New Mexico Insurance Regulator Post

Jun 11 2013 // Five government, insurance and health care officials are in the running to manage New Mexico’s newly independent insurance regulatory agency. Among the candidates are state Insurance Superintendent John Franchini and...

Aon Risk Inks Deal with Mexico’s QET Tech Aerospace for Liability Coverage

Jun 11 2013 // Aon Risk Solutions, the global risk management business of Aon plc, announced that it has been selected by QET Tech Aerospace to provide liability coverage for the Mexico-based aviation company. Aon said its...

Thompson Ridge Fire in New Mexico Still Growing

Jun 7 2013 // The Thompson Ridge fire in northern New Mexico continues to grow even as firefighters make progress mopping up hot spots and clearing lines around the fuel. The fire has burned 22.5 square miles in the Valle Caldera...

Tougher Fire Restrictions Planned In 7 New Mexico Counties

Jun 6 2013 // The Bureau of Land Management plans to impose tougher fire restrictions across seven counties in central New Mexico starting Monday. The restrictions will affect BLM lands in Bernalillo, Catron, Cibola, McKinley, Sandoval,...

Panel Solicits Applicants for New Mexico Insurance Regulator

Jun 3 2013 // Former State Insurance Superintendent Chris Krahling has been named to a panel that will select New Mexico’s top insurance regulator. A nine-member committee will select the next superintendent of insurance who,...