Latest Mexico Headlines

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

S&P Rates Mexican Quake Cat Bond Managed by Swiss Re ‘BB+’

May 22 2006 // Standard & Poor’s Ratings Services announced that it has assigned its “BB+” credit ratings to the $160 million class A and B principal-at-risk notes issued by CAT-Mex Ltd. “The transaction,...

TITLE INSURANCE LAWSUIT NAMES NEW MEXICO INSURANCE SUPERINTENDENT SERNA

May 22 2006 // New Mexico’s suspended Insurance Superintendent Eric Serna, under investigation over a bank contract, is named in a lawsuit that alleges title insurance firms sought to persuade him to raise rates by donating to a...

Wage Audit of New Mexico Republican Party Finds No Discrepancies

May 15 2006 // A New Mexico Department of Labor audit of the state Republican Party’s payroll records found no discrepancies in wages reported by the party. The GOP also complied with reporting requirements under laws covering...

Castellanos joins MexiPass

May 10 2006 // After being responsible for the Mexican Insurance operation for Marsh – Brockman y Schuh in the United States, Roberto Castellanos has joined MexiPass Global Assurance as senior vice president in charge of sales...

Title Insurance Lawsuit Names New Mexico Insurance Superintendent

May 4 2006 // New Mexico’s suspended Insurance Superintendent Eric Serna, under investigation over a bank contract, is named in a lawsuit that alleges title insurance firms sought to persuade him to raise rates by donating to a...

Closer Look: Insurance Associations

Apr 17 2006 // Editor’s note: This is the second article in a series on Western insurance associations. Part I of this article appeared in the April 3, 2006, western region publication beginning on page 47. As people migrate to the...

New Mexico Insurance Chief’s Leave Extended to Continue Investigation

Apr 13 2006 // The New Mexico Public Regulation Commission extended for another 30 days the administrative leave of state Insurance Superintendent Eric Serna, who said he is “absolutely certain” he has done nothing wrong. The...

Public Regulation Commission Suspends New Mexico’s Superintendent

Apr 10 2006 // State Insurance Superintendent Eric Serna was suspended by the Public Regulation Commission on the recommendation of the attorney general, who is investigating his office. Attorney General Patricia Madrid said an...

Experts Predict Intense Fire Activity in Arizona and New Mexico

Apr 10 2006 // Fire and snowpack experts are predicting an intense fire season in May and June, with stream flows below average. According to a report released by the Southwest Coordination Center, the potential for large, intense fires...

WHO TO CALL?

Apr 3 2006 // Multi-State Agencies IBA West (Alaska, California, Oregon, Washington). Web site: www.iba west.com PIA West (Alaska, Arizona, California, Idaho, Montana, Nevada, New Mexico, Oregon, Washington). Phone: (888)...

New Mexico Superintendent Serna To Resign from Nonprofit Board

Mar 23 2006 // Eric Serna, under fire for his dual roles as New Mexico’s insurance superintendent and president of the board of a nonprofit health foundation, said he has decided to resign from the board. Earlier on Tuesday, Public...

Aon/Albert G. Ruben Map Details Risks to Overseas Filmmaking

Mar 23 2006 // “Disease, kidnap and ransom, and terrorism risks pose the greatest threat to global filmmaking,” according to the 2006 Risks in Global Filmmaking Map published today by Aon/Albert G. Ruben. Aon’s bulletin...

New Mexico legislators adjourn with few insurance bills

Mar 6 2006 // New Mexico’s 30-day legislative session, which ended recently, was predominantly focused on budget-related legislation. But a few insurance related bills were introduced, said the National Association of Mutual...

Martinez de la Fuente to Represent HCC in Latin America

Mar 1 2006 // Houston-based HCC Insurance Holdings Inc. announced that Luis R. Martinez de la Fuente has been retained as a consultant to assist the company’s planned international expansion in Latin America. Martinez, who has...

New Mexico considering commercial lines file and use system

Feb 20 2006 // The National Association of Mutual Insurance Companies (NAMIC) and the insurance industry are working with the New Mexico Public Regulation Commission to finalize and implement proposed rate regulations that would convert...

News Currents

Feb 19 2006 // New Mexico considering commercial lines file and use system The National Association of Mutual Insurance Companies (NAMIC) and the insurance industry are working with the New Mexico Public Regulation Commission to finalize...

New Mexico set to better protect credit

Feb 6 2006 // New Mexico’s Personal Insurance Credit Information Act (PICIA) took effect Jan. 1. According to the Rocky Mountain Insurance Information Association, PICIA requires insurance companies to limit the use of credit...

Best Affirms FSR for Mexico’s Grupo Nacional Provincial

Feb 3 2006 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Grupo Nacional Provincial, S.A. (GNP) (Mexico City, Mexico). The rating outlook is stable. The rating reflects GNP’s solid risk-adjusted...

New Mexico Considering Commercial Lines File and Use System

Feb 2 2006 // The National Association of Mutual Insurance Companies (NAMIC) and the insurance industry are working with the New Mexico Public Regulation Commission to finalize and implement proposed rate regulations that would convert...

New Mexico’s Personal Insurance Credit Information Act Takes Effect

Jan 27 2006 // New Mexico Personal Insurance Credit Information Act (PICIA) took effect January 1, to help protect consumers’ and insurers’ use of credit. According to the Rocky Mountain Insurance Information Association,...