Latest Mexico Headlines

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

New Mexico Widow Sues Utah Crematory, Claims Ashes Mix-Up

Apr 27 2012 // A New Mexico widow whose husband was killed in a 2009 plane crash is suing a Utah crematory and funeral home after she says they gave her the wrong person’s ashes. Marilynn Flynn of Alamogordo has filed a federal...

MetLife Says Former Wal-Mart Exec Leaves Board

Apr 25 2012 // The former head of Wal-Mart’s Mexico operations is stepping down from his current board positions at MetLife, effective immediately. The insurance giant announced Tuesday afternoon that Eduardo Castro-Wright had...

Wal-Mart Shareholder Sues Over Mexican Bribery Scandal

Apr 25 2012 // A shareholder sued the board and several officers of Wal-Mart Stores Inc. on Wednesday over allegations that the company’s Mexican affiliate paid bribes to local officials. The lawsuit seeks to recover damage to the...

Family Of Girl Killed In Crash With New Mexico Doctor Sues

Apr 24 2012 // The family of a little girl killed when her family’s van was hit by a vehicle driven by a Santa Fe, New Mexico surgeon suspected of driving drunk has filed a wrongful death suit against the doctor and her insurance...

Family of New Mexico Girl Killed in Crash with Santa Fe Doctor Sues

Apr 23 2012 // The family of a little girl killed when her family’s van was hit by a vehicle driven by a Santa Fe, N.M., surgeon suspected of driving drunk has filed a wrongful death suit against the doctor and her insurance...

Chevron, Transocean Face New Multi-billion Brazil Lawsuit; ‘Outrageous’ Say Companies

Apr 4 2012 // A Brazilian federal prosecutor on Tuesday launched his second 20 billion real ($10.9 billion) lawsuit against U.S. oil company Chevron and driller Transocean, doubling the stakes against the companies as critics call him...

Demand for Kidnap & Ransom Insurance on the Rise in Latin America

Apr 2 2012 // Schools, Entertainers and Non-Governmental Organizations Need Specialized Protection Keeping people safe while they’re living, working or studying anywhere in the world means knowing the specific risks they face in...

New Mexico Governor Urges Wildfire Prevention

Mar 29 2012 // Gov. Susana Martinez says conditions are in place for another difficult fire season in New Mexico. The governor kicked off Wildfire Awareness Week on Tuesday by urging residents to be prepared and do their part to prevent...

AIR Assessing Damage Picture from Mexico’s Earthquake

Mar 21 2012 // Catastrophe modeling firm AIR Worldwide has issued a bulletin analyzing the magnitude 7.4 earthquake that struck southwestern Mexico yesterday. Dr. Tao Lai, Principal Engineer at AIR Worldwide, explained that the...

Major Quake Rattles Mexico; No Significant Damage Reported

Mar 21 2012 // A major earthquake struck Mexico on Tuesday, unleashing panic as it damaged hundreds of buildings and caused homes in the capital to bounce like “trampolines.” Office workers fled into the street when the...

My New Markets

Mar 19 2012 // Bringing Market Seekers and Market Providers Together Find markets in our database Promote your markets on our site Join our community forums Membership is free! www.MyNewMarkets.com Fine Arts Market Detail: Dowell/IAS...

BP Settlement Relieves Feinberg of Duties; New Claims Process to Start

Mar 19 2012 // The man who has paid out billions of dollars to victims of the massive 2010 Gulf of Mexico oil spill has been formally relieved of his duties, and a federal judge has set up a new process to let more people and businesses...

Alcohol-Related Traffic Deaths In New Mexico Slightly Up

Mar 15 2012 // State records show that alcohol-related deaths from traffic crashes in New Mexico rose slightly. Preliminary Traffic Safety Bureau records indicate 146 people were killed in highway crashes involving alcohol in 2011....

BP Settlement Relieves Feinberg of Duties; New Claims Process to Start

Mar 8 2012 // The man who has paid out billions of dollars to victims of the massive 2010 Gulf of Mexico oil spill has been formally relieved of his duties, and a federal judge has set up a new process to let more people and businesses...

Ratings Recap: Grupo Nacional, GBG

Mar 7 2012 // A.M. Best Co. has downgraded the financial strength rating to ‘A-‘ (Excellent) from ‘A’ (Excellent) and issuer credit rating to “a-” from “a” of Mexico’s Grupo Nacional...

HSBC Sells General Insurance Business to AXA, QBE for $914 Million

Mar 7 2012 // HSBC has agreed to sell its general insurance businesses to French insurer AXA Group and Australia’s QBE Insurance Group for $914 million in cash, as Europe’s biggest bank moves ahead with its plan to divest...

BP Reaches $7.8 Billion Deal Over Gulf of Mexico Oil Spill

Mar 3 2012 // BP Plc has reached an estimated $7.8 billion deal with businesses suing over the massive 2010 Gulf of Mexico oil spill, the company said on Friday, but the oil giant still faces claims by the U.S. government, Gulf states...

Poms Names Rossetti Vice President of Employee Benefits in New Mexico

Feb 22 2012 // Los Angeles, Calif.-based Poms & Associates Insurance Brokers Inc. has named John Rossetti vice president of the employee benefits group in the firm’s Albuquerque, N.M. office. Rossetti was previously an account...

Best Affirms Mexico’s Seguros Inbursa ‘A’ Ratings

Feb 15 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A ‘(Excellent) and issuer credit rating of “a” of Mexico’s Seguros Inbursa, S.A. Grupo Financiero Inbursa, both with stable...

Best Special Report Spots Insurance Market Rebound, Growth in Mexico

Feb 13 2012 // A special report from A.M. Best Co. concludes that “competitive pressures will continue for Mexico’s insurers as they look to build on the industry’s low penetration level and tap a growing middle class...