Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
Ratings Recap: Grupo Nacional, BEST RE, Triple-S, Arab Re, Int’l. Energy, Asian Re
Sep 17 2009 // A. M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Mexico’s Grupo Nacional...
New Mexico Throws Out Baseball Immunity Rule
Sep 7 2009 // A fan struck by a baseball at a minor league ballpark is not barred from suing over the injury, a New Mexico court has ruled. The New Mexico Court of Appeals declined to adopt the so-called “baseball rule”...
Mexican Buses Avoid Safety Checks When Entering U.S., Says Audit
Sep 4 2009 // Some Mexican passenger buses are not being inspected when they enter the U.S. because they cross the border on evenings and weekends, there are no inspectors or the crossings lack safe places for inspections, according to...
Hurricane Jimena Swirls Past Southern Baja Resorts
Sep 3 2009 // Hurricane Jimena weakened to a Category 2 storm as it bore down on the coast of Mexico’s Baja California peninsula. Jimena’s maximum sustained winds decreased late Tuesday to near 110 mph (175 kph) and the...
UPDATE: Jimena ‘Extremely Dangerous Hurricane’ Says NHC
Aug 31 2009 // As Hurricane Jimena nears the coast of Baja California, Mexico is bracing for the onslaught. The National Hurricane Center in Miami described the storm as “extremely dangerous,” with maximum sustained winds...
Farm Workers Sue New Mexico for Workers’ Compensation Coverage
Aug 27 2009 // Two organizations that provide services to farm workers and two injured farm workers want the New Mexico Workers’ Compensation Administration to stop excluding farm and ranch workers from coverage. HELP-New Mexico,...
Hurricane Bill Expected to Strengthen to Category 3; Ana, Claudette Weaken
Aug 18 2009 // Hurricane Bill, the first hurricane of the 2009 Atlantic season, revved up quickly Monday as it headed toward Bermuda, while the remnants of Tropical Storm Ana dissipated without threatening the U.S. Gulf oil patch. Bill...
New Mexico Governor Wants First-Time Drunk Drivers Jailed, Fined
Aug 12 2009 // New Mexico Gov. Bill Richardson wants to put first-time drunken driving offenders behind bars for three days and fine them $2,500. Richardson also said that measures to be introduced during the next legislative session in...
Swine Flu, Cross-Border Trucking on U.S., Canada, Mexico Summit Agenda
Aug 10 2009 // Leaders of the United States, Mexico and Canada gather today to present a united front to try to limit the spread of the H1N1 swine flu, but there is less unity on simmering trade issues. U.S. President Barack Obama,...
New Spanish Language Web site for CRM International in Mexico
Aug 4 2009 // The Certified Risk Managers (CRM) International Program in México has a new home on the Web: www.crm-international.org. CRM en Espanol was first introduced in México by The National Alliance for Insurance Education...
AIG Sells Mexican Consumer Finance Operations
Jul 20 2009 // American International Group, Inc. announced that it has closed the sale of its consumer finance operations in Mexico, consisting of AIG Universal, S.A. de C.V., SOFOM E.N.R. and Markcenter Services, S. de R.L. de C.V, to...
Towing and Trucking Permits Being Revoked in New Mexico
Jul 8 2009 // The New Mexico Public Regulation Commission (NMPRC) said it has revoked the operating authorities of nearly 85 trucking, towing and other transportation companies in the state for failing to file appropriate documents with...
Stanford Mexican Clients Sue Willis
Jul 6 2009 // Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd, contending it was a willing participant in a $7 billion fraud at the Texas-based investment company. The lawsuit,...
Reinsurance Market Remains Stable; Rates Steady, Reports Guy Carpenter
Jul 1 2009 // Upward pressure on property/catastrophe reinsurance rates in the U.S. eased at the July 1, 2009 renewal, as capacity in the market remained sufficient without being abundant, according to a briefing published today by Guy...
Ratings Roundup: Fortis, Patria Re, CIRe
Jun 5 2009 // Standard & Poor’s Rating Services said today that it affirmed its ‘A-‘ counterparty credit and financial strength ratings on Netherlands-based commercial lines insurer Fortis Corporate Insurance N.V....
Auto Thefts Down Dramatically in Texas But Car Burglaries Rise
May 20 2009 // Praise the work of auto theft task forces or new car manufacturers or both for the dramatic drop in auto thefts in Texas. Criminals are stealing older vehicles simply because they’re finding it harder to bypass...
Mexican Bus Crash Victims’ Families Sue
May 18 2009 // The families of two South Texas middle school teachers who were among 11 people killed in Mexico when their bus was hit by a drunken driver’s tractor-trailer have filed a wrongful death lawsuit against the tour and...
2009 Fire Season Outlook Identifies Few Areas of Concern
May 18 2009 // Forecasts Normal to Below Normal Potential Across Most of the West Northern California, where nearly a million acres burned last summer, is poised to possibly be another hotspot for wildfire activity in 2009, according to...
Mexico Flu Slowing, Death Toll Unlikley to Exceed 100
May 14 2009 // The H1N1 flu virus is making fewer people in Mexico sick and will likely cause no more than 100 deaths in the country, Health Minister Jose Angel Cordova said Wednesday. He told Reuters that Mexican hospitals were seeing a...
New H1N1 Flu Virus Not Quite a Pandemic-Yet, Says WHO
May 12 2009 // The new H1N1 virus shows no signs of sustained person-to-person spread outside of North America and so has not yet tipped over into a pandemic, a top World Health Organization official said Monday. Dr. Keiji Fukuda, acting...
