Latest Mexico Headlines

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

Feds Investigate Albuquerque-Based Surety Company

Apr 30 2007 // An Albuquerque-based business accused by the New Mexico Insurance Fraud Bureau of illegally selling insurance surety bonds in New Mexico is now being investigated by federal authorities. Agents with the U.S. Department of...

Storms Kill 10 Along Texas/Mexico Border, Gov. Declares Disaster Area

Apr 26 2007 // Texas Gov. Rick Perry has toured areas along the Texas/Mexico border that recently were hit with violent storms and tornadoes. He issued state disaster proclamations for Maverick County as a result of the damage and loss...

Underwritiers weigh design, construction of offshore oil platforms

Apr 9 2007 // Not all offshore platforms are created equal, which is why one platform will survive a storm unscathed while another nearby is completely obliterated. In order to appropriately underwrite offshore platform risk,...

New Mexico Insured Tornado Losses Estimated at $16.5 Million

Apr 6 2007 // Tornado and hail that tore across New Mexico in March has an estimated insurance price tage of $16.5 million, according to the Rocky Mountain Insurance Information Association. The association said insurance adjusters have...

New Mexico passes regulatory modernization bill

Mar 26 2007 // The New Mexico legislature has passed a bill that would establish a file and use rate regulatory system for most personal lines of insurance. The Insurance Rate Regulation Law, SB 483, applies to all kinds and lines of...

New Mexico passes regulatory modernization bill

Mar 26 2007 // The New Mexico legislature has passed a bill that would establish a file and use rate regulatory system for most personal lines of insurance. The Insurance Rate Regulation Law, SB 483, applies to all kinds and lines of...

New Mexico Approves Legislation to Limit Access to Credit Reports

Mar 20 2007 // The New Mexico legislature has passed a bill allowing consumers to place a security freeze on access to their credit report. Just before the legislative session ended, Senate Bill 165 passed, allowing at the request of the...

New Mexico Passes Regulatory Modernization Bill

Mar 19 2007 // The New Mexico legislature has passed a bill that would establish a file and use rate regulatory system for most personal lines of insurance. The Insurance Rate Regulation Law, SB 483, applies to all kinds and lines of...

Gainsco Offering Auto Insurance in New Mexico

Mar 16 2007 // Dallas-based GAINSCO Auto Insurance, which insures drivers across the Southern United States, has expanded its operations into New Mexico and will sell its personal auto policies through a network of independent insurance...

Mexican trucks to travel deeper into U.S. roadways

Mar 12 2007 // Safety advocates say move will endanger motorists and could threaten national security The news that Mexican trucks will be allowed to haul freight deeper into the United States drew an angry reaction from labor leaders,...

News Currents

Mar 12 2007 // Mexican trucks to travel deeper into U.S. roadways Safety advocates say move will endanger motorists and could threaten national security The news that Mexican trucks will be allowed to haul freight deeper into the United...

EQECAT to Unveil New ‘Offshore Energy Model’ for Gulf of Mexico

Mar 9 2007 // EQECAT Inc. plans to unveil a “state-of-the-art Offshore Energy Model” during its March Catastrophe Management Conference. “The driving factors behind EQECAT’s effort were the 2004 and 2005...

New Mexico PRC Asking Why Former Superintendent Didn’t Investigate

Mar 8 2007 // New Mexico’s Public Regulation Commission is asking why former Insurance Superintendent Eric Serna did not investigate a title insurance company that admitted giving more than $300,000 to a builder in what a state...

The Commissioners: Morris Chavez

Feb 26 2007 // Regulator committed to restoring ethics After replacing two insurance superintendents in less than a year over allegations of questionable activities, New Mexico’s Insurance Department seems to sorely need some...

CaseLaw Watch

Feb 26 2007 // Attorneys Fees State Farm Mutual Automobile Insurance Co. v. Lestenkof (Alaska, Sept. 29, 2006) Ruling: In this case, the court considered whether an auto insurer must pay unlimited (Alaska Civil Rule 82) attorney’s...

Morris Chavez, New Mexico, State Insurance Superintendent

Feb 25 2007 // After replacing two insurance superintendents in less than a year over allegations of questionable activities, New Mexico’s Insurance Department seems to sorely need some ethics training. The latest appointed...

Case Law Watch

Feb 25 2007 // Attorneys Fees State Farm Mutual Automobile Insurance Co. v. Lestenkof (Alaska, Sept. 29, 2006) Ruling: In this case, the court considered whether an auto insurer must pay unlimited (Alaska Civil Rule 82) attorney’s...

One-on-one interviews with 15 insurance regulators

Feb 12 2007 // One-on-one interviews with 15 insurance regulators At a recent meeting of the National Association of Insurance Commissioners, Insurance Journal sat down with 15 insurance regulators to talk about issues affecting their...

New Mexico – Morris “Mo” Chavez

Feb 11 2007 // After replacing two insurance superintendents in less than a year over allegations of questionable activities, New Mexico’s Insurance Department seems to sorely need some ethics training. The latest appointed...

QBE Acquires Cumbre Seguros

Feb 2 2007 // QBE the Americas, the North American subsidiary of Australia’s QBE Group, announced that it has acquired 100 percent of Cumbre Seguros, a specialized insurer in Mexico from a group of private investors. The...