Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
Mexico Auto Thefts Surge in Ominous Trend for Insurers
May 3 2017 // Auto-theft rates in Mexico are rising at the fastest pace ever, and authorities are getting worse at tracking down the stolen cars. In March, the number of auto thefts rose 21 percent from the same month a year earlier,...
Demand Rises for Political Risk Cover as Buyers Think the Unthinkable
Apr 25 2017 // Rocked by a shakeup in the Western political order, companies are buying more insurance to protect themselves against the threat of rising protectionism and upheaval to their operations in emerging markets. Insurers say...
Louisiana Law Firms Could get $87M Each For 2010 Oil Spill Litigation
Apr 18 2017 // A committee of attorneys involved in litigation arising from the 2010 Gulf of Mexico oil spill has made its recommendation for dividing some $700 million in fees among 122 law firms involved in years of complex legal...
TWFG to Honor Successful Agents at Mexico Resort
Apr 12 2017 // The Woodlands, Texas-based insurance agency, The Woodlands Financial Group (TWFG), is honoring 20-plus members of its TWFG President’s Club and their guests the Dream Resorts Los Cabos Suites Golf Resort and Spa from...
Losses from Colorado Mine Spill Could Be Far Less than Feared
Apr 4 2017 // Economic damage from a Colorado mine waste spill caused by the U.S. Environmental Protection Agency may be far less than originally feared after attorneys drastically reduced some of the larger claims, The Associated Press...
New Mexico Gets $50M Tobacco Settlement Payment
Mar 31 2017 // New Mexico this year will receive the largest tobacco settlement payment it has ever received from the industry. The state attorney general’s office made the $50 million announcement this week, saying the payment...
New Mexico Lawsuit Challenges County’s Frack Sand Ban
Mar 27 2017 // A group of New Mexico property owners has sued Winona County over its ban on industrial mining of silica sand for use in hydraulic fracturing. The Southeast Minnesota Property Owners joined Saratoga Township resident Roger...
New Mexico City Settling Cell Beating Lawsuit for $400K
Mar 2 2017 // The city of Las Cruces, N.M. has agreed to pay $400,000 to a man who claims police officers used excessive force on him when he was detained in a holding cell. The Las Cruces Sun-News reported that the settlement figure...
Audit Shows Risk Management Fund for New Mexico City Being Drained by Suits
Feb 16 2017 // Legal settlements in law enforcement civil rights cases over the past five years have severely depleted Albuquerque, N.M.’s risk management fund, which pays for uninsured losses. In a letter to city officials, state...
Trump Orders U.S. Exit from Pacific Trade Pact and Reset on NAFTA
Jan 23 2017 // President Donald Trump abruptly ended the decades-old U.S. tilt toward free trade by signing an executive order to withdraw from an Asia-Pacific accord that was never ratified and promising to renegotiate the North...
Coast Guard: Oil Platform in Gulf of Mexico on Fire
Jan 6 2017 // The U.S. Coast Guard and crew members of surrounding vessels responded to a pre-dawn fire on an oil platform in the Gulf of Mexico off the coast of Louisiana, the Coast Guard said . The blaze was reported around 2:30 a.m....
Confie Acquires Auto Insurance America in Nevada and New Mexico
Jan 3 2017 // Confie has acquired Auto Insurance America from Western National Mutual Insurance Co. Auto Insurance America is a provider of non-standard auto insurance serving Nevada and New Mexico. The company has five locations in Las...
New Mexico Regulators Approve Reopening of Troubled Nuclear Dump
Dec 28 2016 // New Mexico regulators have approved restarting normal operations at the nation’s only underground nuclear waste repository, a major step for U.S. officials aiming to reopen the facility nearly three years after a...
New Mexico Farming Firm Expected to Lose $4M over Breach
Dec 27 2016 // A breach earlier this year in the water delivery system that serves Navajo Agricultural Products Industry is expected to end up costing the tribal business in New Mexico more than $4 million in lost revenue. The Daily...
New Mexico’s Mountain States Mutual to Merge with Donegal Mutual
Dec 21 2016 // New Mexico’s Mountain States Mutual Casualty Co. is merging into Pennsylvania-based Donegal Mutual Insurance Co., the insurers announced. Donegal Mutual will be the surviving company in the merger, and Mountain...
New Mexico’s Auditor Wants Second Audit Of Insurance Taxes
Nov 30 2016 // New Mexico’s state auditor is calling for a new audit into whether health-insurance companies have been underpaying the premium taxes they owe. The Albuquerque Journal reported that State Auditor Tim Keller asked...
New Mexico Insurance Regulator Says Back Taxes Audit Inaccurate
Nov 21 2016 // New Mexico’s superintendent of insurance is saying an audit into his office’s failure to collect some $190 million in back taxes from insurers was based on incorrect data. The Santa Fe New Mexican reported that...
President Trump Expected to Target Immigration, Taxes, Trade, Affordable Care Act
Nov 9 2016 // Donald Trump’s surprise election Tuesday as U.S. president means the repudiation of Barack Obama’s legacy and a strong likelihood Republicans will undo many of his accomplishments, including Obamacare and trade...
New Mexico Workers’ Comp Costs May Drop in 2017
Nov 7 2016 // New Mexico employers could see a decrease in their insurance costs for on-the-job injuries and deaths. The state Office of Superintendent of Insurance says a key factor in calculating individual employers’...
Immigrant License Applications in New Mexico Slow as Cutoff Approaches
Oct 31 2016 // The number of immigrants seeking driver’s licenses in New Mexico has slowed but remains on pace to reach a four-year high as a deadline approaches to comply with federal ID requirements, according to a review by The...
