Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
New Mexico Court Invalidates Family Exclusions in Umbrella Policies
Apr 26 2004 // Insurance companies in New Mexico may no longer exclude family members from coverage under so-called umbrella policies, the state Supreme Court has ruled in two cases involving auto accidents. Such exclusions “are...
Sanborn’s Mexico Insurance announces release of E-Commerce site
Apr 20 2004 // Sanborn’s Mexico Auto Insurance, a division of Travco Services Inc, is pleased to announce the release of an e-commerce site to sell southbound Mexico insurance. The site, developed through Insurance Technologies...
Industry Has Productive Legislative Session in New Mexico
Mar 22 2004 // The New Mexico legislature’s regular 30-day session adjourned Feb. 19. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask legislators to consider...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
Industry Has Productive Legislative Session in New Mexico
Mar 1 2004 // The New Mexico legislature’s regular 30-day session adjourned at noon on Feb. 19, 2004. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask...
MexiPass Notes 30% Commission Rate for Personal Auto Program
Nov 24 2003 // MexiPass Global Assurance, an MGA for insurance in Mexico, announced a new commission rate of 30 percent and On-line Policy Issuance, under the MexiPass exclusive Personal Automobile Programs underwritten by...
ING Mexican Bank Accounts to Remain Frozen
Nov 6 2003 // According to news reports, the Mexican bank accounts of ING Comercial América will remain frozen until the dispute with Grupo Fertinal is resolved. The report follows a ruling by a federal criminal judge, who determined...
Ariz.-based International Insurance Launches Two New Products
Nov 5 2003 // Flagstaff, Ariz.-based International Insurance Group Inc., a managing general agent for Mexico Crossborder Transportation Insurance, announced the launch of two new online products available via its Web sites at...
Elektra Buys Cigna’s Mexican Business
Nov 3 2003 // Mexico’s Grupo Elektra S.A. de C.V., one of the country’s biggest retailers, announced that it has received approval from the Ministry of Finance to purchase “a private insurance company in Mexico that...
Ala., N.M., N.Y. Associations Honored with McCord National Education Awards
Oct 6 2003 // Independent agent associations in Alabama, New Mexico and New York were recognized for their educational programs as the Independent Insurance Agents & Brokers of America (IIABA) recently presented each of them with a...
Licensing All Drivers
Oct 6 2003 // Many states are considering legislation that would allow qualified undocumented immigrants to get driver’s licenses. Such legislation would not violate federal immigration law, which does not prohibit states from...
Licensing All Drivers
Oct 6 2003 // Many states are considering legislation that would allow qualified undocumented immigrants to get driver’s licenses. Such legislation would not violate federal immigration law, which does not prohibit states from...
Report ING Fails in Attempt to Unfreeze $300 Million Held by Mexican Court
Sep 30 2003 // The Netherlands-based ING Group has reportedly failed in its attempt to unfreeze $300 million that has been in the hands of a Mexican court since the end of August. The court had ordered the seizure of the funds at the...
Learning the Law South of the Border
Sep 8 2003 // What happens when your clients are exposed to risks in Mexico and they seek the advice of their trusted professional insurance agent or broker? Our experience has taught us that there is not a uniform response to the...
Mexican Mining Claim Embroils ING in Legal Dispute
Sep 3 2003 // ING, the Netherlands-based insurer and financial services company, which controls Comercial America, Mexico’s largest insurer, has been hit by a court order in the state of Morelos, ordering a freeze on the...
Uninsured Drivers Travel Under the Radar
Aug 18 2003 // Two things are abundantly clear when it comes to the issue of uninsured motorists: The problem is a big one and it’s nearly impossible to know with any certainty how many uninsured drivers there are on the...
AIA Calls on N.M. Blue Ribbon Commission to Reduce Tax Toll on Insurers
Aug 12 2003 // The American Insurance Association (AIA) led a delegation of property-casualty trade associations on Monday in urging New Mexico’s Blue Ribbon Tax Reform Commission to recommend real improvements to the state’s...
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...
