Latest Mexico Headlines

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

S&P Raises ING Comercial America Ratings to ‘A-‘

Apr 19 2002 // Standard & Poor’s removed from CreditWatch and raised its counterparty credit and financial strength ratings on ING Comercial America Seguros S.A. de C.V. to single-‘A’-minus from...

NAII, Insurer Groups Address Truck Crossing Concerns

Apr 4 2002 // The United States Department of Transportation’s (DOT) safety requirements for trucks, buses and drivers entering this country under the North American Free Trade Agreement (NAFTA) aim at having Mexican carriers meet...

AAI Praises DOT Safety Requirements for Visiting Mexican Trucks

Mar 25 2002 // Calling it a step forward in making American highways safer, the Alliance of American Insurers (AAI) praised the U.S. Department of Transportation’s newly established safety requirements for Mexican trucks and buses....

ING to Acquire 17.5% Stake in Mexico’s Bital

Mar 13 2002 // ING, the Netherlands-based insurance and financial services group, revealed plans to increase its investments in Mexico with the announcement that it has signed a memorandum of understanding, subject to negotiating final...

Ohio Insurance Director Files to Intervene in New Mexico Lawsuit

Feb 25 2002 // Ohio Insurance Director Lee Covington filed a petition to intervene in a New Mexico lawsuit that, according to the Ohio Department of Insurance, could impose another state’s insurance laws and increased costs on Ohio...

AIA Hails N.M.’s Next Step toward Insurance Regulation Modernization

Feb 22 2002 // Legislation supported by the American Insurance Association (AIA) to reduce government regulation of commercial insurance in New Mexico was passed by the state legislature. The measure (SB 256), which passed last week with...

Before & NAFTA: Open Borders, Long Term Effects on Long-Haul Trucking

Feb 11 2002 // Now that Congress and the Bush administration have struck a deal to pave the way for NAFTA trucking provisions—which the U.S. had been found to be violating for most of last year—the task of actually implementing these...

Investments Show Confidence in Mexican Insurance Industry

Feb 11 2002 // One key indicator of any country’s economic health is the confidence of investors in its commercial enterprises. By that standard Mexico is on a roll. Since the end of the currency crisis in 1994, and the...

Before & NAFTA: Open Borders, Long Term Effects on Long-Haul Trucking

Feb 11 2002 // Now that Congress and the Bush administration have struck a deal to pave the way for NAFTA trucking provisions—which the U.S. had been found to be violating for most of last year—the task of actually implementing these...

Perceptions of Mexico

Feb 11 2002 // Oh, down in Mexico. I never really been so I don’t really know…. Actually I have been to Mexico, and loved it. But that line from the James Taylor song, “Mexico,” has been swirling around in my...

Investments Show Confidence in Mexican Insurance Industry

Feb 11 2002 // One key indicator of any country’s economic health is the confidence of investors in its commercial enterprises. By that standard Mexico is on a roll. Since the end of the currency crisis in 1994, and the...

GMAC Completes Acquisition of Mexico’s ABA Seguros

Jan 23 2002 // GMAC Insurance Holdings, Inc., the Insurance division of General Motors Acceptance Corp., announced that it has completed the acquisition of ABA Seguros, S.A., one of Mexico’s largest property/casualty and auto...

AEGON Sells Banamex Stakes to Citigroup

Jan 21 2002 // The Netherlands AEGON N.V. has agreed to sell its minority partnership interests in two Mexican companies to Citigroup’s Mexican subsidiary Grupo Financiero Banamex for $1.24 billion. The sale of its stakes in life...

Insurers Urge DOT to Add the ‘Nuts and Bolts’ to Operational Plan

Jan 16 2002 // The National Association of Independent Insurers (NAII) has reiterated its support for the U.S. General Accounting Office’s (GAO) call for the Department of Transportation (DOT) to develop a detailed, operational...

NAFTA LEGISLATION GETS APPROVAL

Jan 14 2002 // The National Association of Independent Insurers (NAII) expressed its approval that HR 2299 (the Department of Transportation [DOT] and Related Agencies Appropriations Act, 2002 recently signed by President Bush) provides...

ALLIANCE QUESTIONS N.M. PRIVACY RULES

Jan 14 2002 // The Alliance of American Insurers has questioned the legality of recently adopted privacy regulations in New Mexico. According to Rey Becker, president of property/casualty for the Alliance, “Earlier this year, the...

Alliance Says New Mexico Privacy Rules Violate State Law

Jan 3 2002 // The Alliance of American Insurers has questioned the legality of recently adopted privacy regulations in New Mexico. “Earlier this year, the New Mexico Legislature directed the superintendent of insurance to adopt...

Bush Signs 2002 Transportation Bill: NAFTA Safety Mandates Meet Insurers Expectations

Dec 21 2001 // The National Association of Independent Insurers (NAII) is pleased that HR 2299, the Department of Transportation and Related Agencies Appropriations Act, 2002 recently signed by President Bush provides funding to...

NAFTA: Proceed, but with Caution

Dec 17 2001 // The problems swirling around the twin issues of safety and insurance with regards to allowing commercial trucks from Mexico free access to U.S. highways are as thorny as a prickly pear cactus. The U.S. House of...

Top 10 Stories of 2001

Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth,...