Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
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...
The CHANGING FACE of Surplus Lines Brokers
Sep 24 2007 // The surplus lines industry is never boring, never plain and certainly never black and white. Often dubbed as the innovator of new insurance products, the industry could even be considered colorful when it comes to the...
News Currents
Sep 24 2007 // Santa Rosa diocese to pay $5 million in priest sex abuse settlement The Catholic Diocese of Santa Rosa has agreed to pay more than $5 million to settle a sex abuse lawsuit involving fugitive priest Xavier Ochoa and 10...
Declarations
Sep 24 2007 // Declarations A gateway crime “Research indicates that auto theft is a gateway crime that potentially leads adolescents to more destructive behavior. … This program explores the relationship among the parties...
New Mexico Man Dies from Botulism Poisoning
Sep 24 2007 // Botulism has killed a 52-year-old Sandoval County, N.M., man, according to the state Health Department. State officials have not linked the man’s case to this summer’s recall of Castleberry’s Food Co....
Declarations
Sep 24 2007 // A gateway crime “Research indicates that auto theft is a gateway crime that potentially leads adolescents to more destructive behavior. … This program explores the relationship among the parties involved when...
Santa Rosa Diocese to Pay $5 Million in Priest Sex Abuse Settlement
Sep 14 2007 // The Catholic Diocese of Santa Rosa has agreed to pay more than $5 million to settle a sex abuse lawsuit involving fugitive priest Xavier Ochoa and 10 alleged victims, lawyers and the diocese said. The diocese will pay the...
Sens. Dorgan, Specter Move to Halt Mexican Trucks in U.S.
Sep 11 2007 // Two senators want to ban Mexican trucks from U.S. roads, saying not enough has been done to make sure they are safe. Sens. Byron Dorgan, D-N.D., and Arlen Specter, R-Pa., want to strip funding for a program launched last...
Henriette Reaches Hurricane Strength; Threatens Baja Calif.
Sep 4 2007 // Felix has a little sister in the Pacific Ocean that has already caused the deaths of 8 people from landslides triggered by heavy rains near Acapulco. The storm first formed last Thursday, Aug. 30, and has been steadily...
Former N.M. Insurance Regulator Pleads Not Guilty
Aug 28 2007 // Former New Mexico insurance regulator Joe Ruiz on Monday pleaded not guilty to federal corruption charges that arose from allegations he misused his office by soliciting payments from insurance companies in exchange for...
