Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
A.M. Best Affirms Rating of Seguros Inbursa SA
Jul 11 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Seguros Inbursa SA (Mexico). The rating outlook is stable. The rating is attributable to Seguros Inbursa’s solid financial strength,...
Tropical Storm Claudette Moving Toward Mexico
Jul 10 2003 // The National Hurricane Center in Miami continued its “Tropical Storm Warning,” as “Claudette,” the third named Atlantic storm of the season continues to move west through the Gulf of Mexico towards...
Insurance Hall of Fame to Induct AIG’s Edmund Tse, Grupo Nacional’s Clemente Cabello
Jul 8 2003 // Edmund Tse, Senior Vice Chairman and Co-Chief Operating Officer of American International Group, and Clemente Cabello, CEO of Mexico’s Grupo Nacional have been named to the prestigious Insurance Hall of Fame by the...
Latino Market Heats Up
Jul 7 2003 // It is nearly impossible to deny the impact the burgeoning Hispanic population has and will have on American culture and its markets. The marketplace for insurance is no exception. Hispanics are now the country’s...
Best Affirms ‘B++’ Rating of Mexico’s Reaseguradora Patria
Jun 18 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of ‘B++’ (Very Good) of Reaseguradora Patria S.A. (Mexico City) and assigned a “stable” rating outlook. “The rating...
N.M. COURT OF APPEALS REJECTS AUTO LIABILITY:
Jun 9 2003 // The New Mexico Court of Appeals recently rejected the theory of liability stacking with regard to automobile insurance, the American Insurance Association (AIA) reported. In the case of Linda Ann Slack, et al. v. James...
Working with Blowouts, Knock-for-Knocks and Other Oil Patch Oddities
Jun 9 2003 // One of the big issues facing small- to mid-size oil and gas operators and contractors these days is the need to determine how much risk they are willing to carry themselves and how much they want to transfer to an insuring...
Working with Blowouts, Knock-for-Knocks and Other Oil Patch Oddities
Jun 9 2003 // One of the big issues facing small- to mid-size oil and gas operators and contractors these days is the need to determine how much risk they are willing to carry themselves and how much they want to transfer to an insuring...
Growing Your Business One Link at a Time
May 19 2003 // Ah, the Internet. Where would we be without it? Web sites and e-mail are pretty much essential ingredients for a successful business these days, especially for sales-oriented organizations. There are a myriad of ways...
ING Sells 49% Stake in Seguros Bital to HSBC
May 19 2003 // The Netherlands ING Group announced that it is selling its 49% shareholding in Mexico’s Seguros Bital to Grupo Financiero Bital, S.A., a wholly owned subsidiary of HSBC Holdings, plc. for $148 million. The...
N.M. Court of Appeals Rejects Auto Liability Stacking
May 12 2003 // The New Mexico Court of Appeals recently rejected the theory of liability stacking with regard to automobile insurance, the American Insurance Association (AIA) reported. In the case of Linda Ann Slack, et al. v. James...
International Insurance Group Unveils New Products
Apr 22 2003 // International Insurance Group, Inc., an MGA specializing in the USA/Mexico crossborder market, announced several new products offered to agents and brokers online via IIG’s Web site www.mexicaninsuranceonline.com. In...
ISSUES MAY IMPEDE OPEN BORDERS
Dec 16 2002 // According to the National Association of Independent Insurers (NAII), two key issues may create barriers at border crossings recently opened between the U.S. and Mexico under the North American Free Trade Agreement...
NAII: Progress Continues on Accessing MVRS, NAFTA Should Go Forward
Dec 12 2002 // The Vice President of Mexico’s Insurance and Finance Commission, Manuel Calderon, told the National Association of Insurance Commissioners (NAIC) that concerns about two proposed privacy bills in Mexico’s...
NAFTA: Borders Open, Regulators Review Privacy and Inspection Concerns
Dec 9 2002 // Although the Bush Administration technically opened selected border crossings under the North American Free Trade Agreement (NAFTA) on Nov. 27, two key issues have arisen that could keep Mexican commercial vehicles from...
New Mexico Judge Upholds Lloyd’s Claims Against “Names”
Oct 15 2002 // Judge Lorenzo Garcia of the U.S. District Court in Albuquerque New Mexico has upheld the ruling of a U.K. court in favor of Lloyd’s claims for a total of $2.8 million from six American investors, or...
Isidore Turns North, Threatens U.S. Gulf Coast
Sep 25 2002 // Hurricane Isidore, which has been downgraded to a tropical storm, is currently over the Gulf of Mexico, but its on track to hit the U.S. somewhere between Florida and Texas as early as tomorrow night. After causing...
Hurricane Isidore Hits Yucatan, Killing 4, May Move North
Sep 23 2002 // Hurricane Isidore smashed into Mexico’s Yucatan Peninsula on Sunday, packing 110 mph winds and dropping 12 to 20 inches of rain in some spots. Four persons were reported killed in storm related auto accidents. After...
AIU Makes Appointments to Divisions
Aug 12 2002 // American International Underwriters (AIU), the international property-casualty insurance organization of American International Group, Inc. (AIG), has named Julio Portalatin president of its Accident & Health Division...
The Storms Will be Out There: Average Hurricane Season Predicted
Jun 24 2002 // Colorado State University hurricane forecasters, led by Dr. William Gray, recently lowered this year’s Atlantic basin hurricane forecast numbers, but that hasn’t prevented insurance commissioners from states...
