Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
COMPROMISE ON MEXICAN TRUCKS
Dec 10 2001 // The Alliance of American Insurers voiced support Nov. 29 for the congressional compromise allowing Mexican trucks greater access to the U.S. with inspection and safety requirements. The provisions will require on-site...
Safety Concerns Resolved: NAFTA Proposal Gets Green Light
Dec 3 2001 // The National Association of Independent Insurers (NAII) is pleased that the compromise legislation that would allow Mexican trucks into the United States under the North American Free Trade Agreement (NAFTA) addresses the...
Alliance Voices Support for Congressional Trucking Compromise
Dec 3 2001 // The Alliance of American Insurers voiced support Nov. 29 for the congressional compromise allowing Mexican trucks greater access to the U.S. with inspection and safety requirements. The fiscal 2002 Transportation spending...
A.M. Best Releases Country Risk Reports on Korea, Mexico
Nov 16 2001 // A.M. Best has released country risk reports covering the economic and risk factors for the markets in Korea and Mexico, focusing on the insurance sectors in both countries. The report notes that Korea has been especially...
ING Now Owns 99.91% of Mexico’s SCA
Nov 13 2001 // ING Group announced the successful conclusion of its tender offer for the minority 13 percent shareholdings of Mexico’s Seguros Comercial America S.A. de C.V., as it became a wholly owned subsidiary of The Dutch...
Commentary: Purchasing Insurance for Mexico
Nov 12 2001 // Tourists, property owners and businesspersons who drive, own homes, or operate businesses or subsidiaries in Mexico need to properly protect their assets south of the border. It is ironic that most agents place insurance...
Commentary: Purchasing Insurance for Mexico
Nov 5 2001 // Tourists, property owners and businesspersons who drive, own homes, or operate businesses or subsidiaries in Mexico need to properly protect their assets south of the border. It is ironic that most agents place insurance...
ING Re-Brands Mexican Operations
Oct 22 2001 // Holland’s ING Group announced that it has renamed all of its subsidiaries in Mexico as “ING Comercial America.” The decision is in line with the company’s global strategy of re-branding all its...
Swiss Re, Tokio Marine Conclude $450 Million Cat Swap
Aug 16 2001 // Mexico City daily el Economista reported that the robbery of insured cars declined by 7.5 percent at the national level during the first seven months of 2001, compared to the same period in 2000. Car thefts declined to...
Insurers To Be Reimbursed for Cerro Grande Fire Claims
Aug 9 2001 // The federal government is working to reimburse insurance companies for all claims they paid to their customers for damage caused by the Cerro Grande fires in New Mexico last year. Payments are expected to begin in January...
NATIONAL Senate Votes for Additional Funding, Requirements for Mexican Trucks Inspections August 3,
Aug 3 2001 // The National Association of Independent Insurers (NAII) said it is cautiously optimistic about the Senate vote to increase funding levels for implementation of the North American Free Trade Agreement (NAFTA) by $15 million...
NAII Warns NAFTA Funding Cuts Pose Road Hazard
Jul 9 2001 // Congressional efforts to block funding for additional border inspectors and facility improvements in anticipation of the opening of the U.S.-Mexican border under the North American Free Trade Agreement (NAFTA) are a threat...
NAII Warns: Political Games over NAFTA Funding May Prove ‘Deadly Serious’
Jul 3 2001 // According to the National Association of Independent Insurers (NAII), congressional action to block funding for additional border inspectors and facility improvements in anticipation of the opening up of the U.S.-Mexican...
ING Completes Acquisition of Mexico’s SCA
Jun 25 2001 // Holland’s ING Group announced that it had successfully completed the acquisition of an additional 45 percent interest in Mexico’s largest insurance company, Seguros Comercial America, from its parent, Savia...
ING UPS STAKE IN SEGUROS
Jun 18 2001 // Comercial America: Dutch financial services conglomerate ING Group said it has agreed to buy an additional 45 percent stake in Seguros Comercial America (SCA) for $791 million. The deal is part of a step taken in February...
Mexico’s Savia, Dutch ING, Complete Deal
Jun 6 2001 // Dutch financial giant ING Group purchased the remaining stake in Mexico’s largest insurer from cash-troubled Mexican conglomerate Savia for $791 million, a sale which will help knock down Savia’s $1.33 billion...
Agency’s Policies Go South
May 21 2001 // The CDI filed an Accusation against a San Diego father and son insurance agency that has been selling Mexican tourist insurance to Californians since 1951. The Accusation seeks the revocation of their individual and agency...
DOT Confirms Need for Tighter Mexican Trucks Inspection under NAFTA
May 18 2001 // An adequate number of safety inspectors and a detailed plan for the inspection of Mexican trucks at all borders are both essential for the safety of all motorists, according to the National Association of Independent...
Citigroup’s Acquisition of Mexico’s Banacci Affects Insurers
May 18 2001 // Yesterday’s announcement that Citigroup will acquire Mexico’s second largest financial group, Grupo Financiero Banamex Accival, popularly known as “Banacci,” for $12.5 billion in cash and stock,...
CDI Files Accusation Against San Diego Agency
May 16 2001 // The California Department of Insurance (CDI) filed an Accusation against a San Diego father and son insurance agency that has been selling Mexican tourist insurance to Californians since 1951. The Accusation seeks the...
