Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
N.M. Tribe Sues Regulator Over Leavitt’s Corp. Status Reinstatement
Feb 21 2008 // The Mescalero Apache Tribe in Santa Fe, N.M., contends it overpaid millions of dollars for insurance, alleging the state let an insurance agent operate after the agent was accused of submitting fraudulent documents to sell...
Rating Agencies React to AXA’s Acquisition of ING Seguros
Feb 19 2008 // A.M. Best Co. and Standard & Poor’s Ratings Services have taken slightly different views of France’s AXA Group’s agreement to purchase 100 percent of the share capital of the ING Group’s...
Ariz. Lawmakers Hope to Start State-Run Temporary Worker Plan
Feb 12 2008 // A group of Arizona lawmakers is proposing a state-run temporary worker plan that would let Mexicans come to the state to work in businesses hard-hit by labor shortages. Proponents say the package of proposals was needed...
Swiss Re Names Schneider to Head Mexico Brokers
Jan 15 2008 // Richard Schneider, an 11-year veteran of Swiss Re, has been appointed Office Head of Swiss Brokers Mexico. He succeeds Carlos Boelsterli, who has assumed the role of Head of Client Management for Latin America. Schneider...
San Antonio Company Recalls Another Mexican Candy
Jan 9 2008 // Another Mexican candy is being recalled by a San Antonio, Texas, importer due to elevated levels of lead that could cause health problems. The Texas Department of State Health Services says Villa-Mex Imports is voluntarily...
New Mexico Residents Still Recovering from March 2007 Tornado
Jan 3 2008 // Jim and Iris Blevins still think of their modest tan house surrounded by trees as their real home, but nowadays they live in a fifth-wheel behind the house — one of hundreds of eastern New Mexico homes damaged by...
Salmonella Fear Prompts Recall of Mexico-Grown Basil
Dec 27 2007 // Some 5,500 pounds of basil grown in Mexico and sold in the United States has been recalled because of fears it may be infected with salmonella, a spokesman for the importer said. The basil was imported from a farm in...
Make the Most of the Mexico-bound
Dec 23 2007 // Auto coverage essential; homeowners a growing market Recent snow and rain at many people’s doorsteps signal that it’s the high season for snowbirds to flock south for the winter. And those driving beyond the...
San Antonio Importer Recalls Second Mexican Candy
Dec 17 2007 // A San Antonio-based importer of Mexican candy recalled a second candy after state health officials found lead at levels considered hazardous by the U.S. Food and Drug Administration. Villa-Mex Imports Inc. voluntarily...
The Republic Group Names Maldonado New Mexico State Manager
Dec 14 2007 // Dallas-based The Republic Group has appointed Yvette Maldonado as New Mexico State Manager for its insurance companies. In her new role, Maldonado will have responsibility for growth of personal lines and commercial lines...
Candy From Mexico Recalled; Texas Officials Say it Has too Much Lead
Dec 6 2007 // A syrup candy imported from Mexico is being voluntarily recalled after state health officials found excessive levels of lead, Texas officials said. San Antonio-based Villa-Mex Imports Inc. is asking customers to discard...
New Mexico Woman Sentenced for Fraud
Dec 4 2007 // 50-year-old Valerie Potter, also known as Valerie Kovach of Rio Rancho, N.M., has been sentenced by Albuquerque District Judge Kenneth Martinez to five years probation on Medicaid fraud and insurance fraud charges. The...
Baugh to Replace Glaser at AIG UK; Portalatin, Hernandez Move Up
Dec 3 2007 // Following the departure of Daniel Glaser to Head Marsh (See related article), American International Group announced the promotion of three executives in its Foreign General insurance operations. Alexander R. Baugh will...
Richardson’s Stats Misleading in Defense of Immigrant Driver’s Licenses
Nov 19 2007 // Democratic presidential hopeful Bill Richardson points to a substantial drop in uninsured motorists in New Mexico when he defends his decision four years ago to allow undocumented immigrants to obtain a driver’s...
Mexico Landslide Devastates Village as Floods Spread
Nov 7 2007 // Survivors saw relatives swept away by huge waves or buried by debris after a huge landslide hit a rain-swollen river, triggering waves that essentially wiped a Chiapas hamlet off the map and left at least 16 people...
Massive Floods Hit Southern Mexico
Nov 2 2007 // A week of heavy rains unleashed massive flooding in southeastern Mexico, killing at least one person and forcing tens of thousands to flee rising waters in Tabasco and Chiapas states, officials said Wednesday. An...
Ratings Roundup: UNUM, Continental Re, Grupo Nacional, Seguros ING
Oct 31 2007 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of UK-based UNUM Limited with a negative outlook. “The ratings reflect...
Tropical Storm Melissa Strengthens in Atlantic; Lorenzo’s Rains Kill 5
Oct 1 2007 // Floodwaters from Hurricane Lorenzo were receding Sept. 29 in eastern Mexico after rains triggered mudslides and floods that killed at least five people and drove tens of thousands from their homes. Meanwhile, Tropical...
Cincinnati Insurance Co. Enters N.M.
Oct 1 2007 // Cincinnati Financial Corp. recently announced that its lead property casualty subsidiary, The Cincinnati Insurance Co., has launched operations in New Mexico on September 27th with the appointment of its first independent...
Hurricane Lorenzo Strikes Mexico
Sep 28 2007 // Lorenzo, a category 1 hurricane, has come ashore along the east-central coast of Mexico. The storm is “moving toward the west near 8 mph [13 km/hr]” according to the latest bulletin from the National Hurricane...
