Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
Prosecutor to Wait on Charges in Fatal Arkansas Bus Crash
Dec 16 2015 // A state police report into a November bus crash that killed six migrant farm workers from Mexico says the driver was “inattentive” in an unsafe manner, but decisions on possible traffic citations or criminal...
Ironshore Announces Approval from Lloyd’s for Pembroke, Patria Re in Mexico
Dec 14 2015 // Ironshore Inc. announced that its Pembroke Managing Agency Limited and Mexico reinsurance company, Patria Re, have received Lloyd’s approval to establish a Special Purpose Syndicate (SPS). “Patria Re will join...
New Mexico Governor Wants Judges Eyed in DUI Cases
Dec 9 2015 // Authorities will step up roundups of drunken-driving fugitives in New Mexico and citizen watchdogs will one day monitor state judges who are routinely lenient on drunken-driving suspects under a plan unveiled Monday by...
ACE Appoints Future Leadership Team for Chubb Group’s Latin America Region
Nov 25 2015 // ACE Ltd. announced the leadership team it intends to appoint for the Latin America region of the new Chubb Group’s Overseas General Insurance division, which includes Argentina, Brazil, Chile, Colombia, Ecuador,...
New Mexico Launches Ad Campaign to Deter Drunken Driving
Nov 20 2015 // New Mexico drivers will hear a different kind of holiday advertisement on the radio in the coming weeks, as the state launches an ad campaign aimed at curbing drunken driving. Gov. Susana Martinez this week announced the...
Bus Hits Bridge in Arkansas; 6 Migrant Farmworkers Killed
Nov 8 2015 // A bus ferrying migrant farmworkers from Michigan to Texas ran off a highway and hit an overpass in Arkansas on Nov. 6, ripping off the roof and ejecting passengers onto the interstate. Six people were killed and six...
Mexico Catastrophe Bond Likely to Pay on Hurricane Patricia’s Losses: S&P
Nov 5 2015 // Bonds sold by Mexico to shield it from the cost of repairing hurricane damage are closer to paying out after the biggest storm ever measured in the Americas struck the country last month, Standard & Poor’s...
Willis Appoints Baudouin as Mexico CEO
Nov 3 2015 // Willis Group Holdings plc has appointed John Baudouin as Chief Executive Officer (CEO) of its retail business in Mexico, effective immediately. He will “focus on driving the strategic vision for Willis in the...
New Mexico Jury Holds Utility Companies Partially Liable for Fire
Oct 30 2015 // A jury decided this week that two utility companies hold most of the liability in one of the largest wildfires in New Mexico’s recorded history. Jurors gave their verdict in Bernalillo following a weekslong trial...
Atlantic Hurricane Season Enters Final Stretch with No-Hit Record Intact
Oct 29 2015 // It has been 10 years since a major hurricane hit the U.S., and as the Atlantic season staggers into its last month, every day that passes seems certain to extend that record streak. Wilma was the last major system,...
What Are Chances a U.S Business Will Face an Employee Lawsuit?
Oct 28 2015 // U.S.-based small and medium sized businesses face an almost 12 percent chance that they it will be hit with an employment claim, with their chances much higher in certain states. A new study of employee charge trends by...
Celebrities’ Mexican Holiday Homes Pummeled by Hurricane Patricia
Oct 27 2015 // Mexico may have dodged a bullet from the fury of Hurricane Patricia, but jet setters like Bill Gates, Gwyneth Paltrow and Cindy Crawford will have to find a new playground for now after the storm ravaged some of the...
Mexico’s Hurricane Patricia May Hit Catastrophe Bondholders
Oct 27 2015 // Mexico’s natural disaster fund may be $100 million better off at bondholders’ expense after Hurricane Patricia appeared to trigger a catastrophe bond the country sold in 2012. Investors in those notes maturing...
Mexico Losses from Hurricane Patricia ‘Won’t Exceed $200 Million:’ AIR Analysis
Oct 26 2015 // Catastrophe modeling firm AIR Worldwide estimates that insured losses to onshore properties in Mexico from Hurricane Patricia won’t exceed $200 million. This is a surprisingly low estimate, as AIR said: “Six...
Hurricane Patricia Targets Mexico; 400K People, Ports, Insurers at Risk
Oct 23 2015 // Hurricane Patricia, the strongest in the history of the Americas, prepared to barrel into Mexico’s Pacific coast Friday, sending guests fleeing hotels in the Puerto Vallarta resort area. About 400,000 people are...
Patria Re Set to Become First Mexican Insurer to Join Lloyd’s Platform
Oct 23 2015 // Lloyd’s has announced that it has “given in principle approval for Patria Re, the Mexican insurance company, to join the Lloyd’s platform. Patria Re will set up a special purpose syndicate in partnership...
NHC Tracking Hurricane Patricia, as It Nears Mexican Coast
Oct 22 2015 // The National Hurricane Center in Miami is tracking Hurricane Patricia, a storm in the eastern Pacific that is moving towards the west coast of Mexico. According to the NHC’s latest bulletin, Patricia is about 255...
New Mexico Immigrant Driver’s License Repeal Won’t Pass, Says Legislator
Oct 16 2015 // Senate Majority Leader Michael Sanchez says any GOP-sponsored bill aimed at repealing New Mexico’s immigrant driver’s license law won’t make it to the Senate floor next session. Again. One of...
New Mexico Residents Call Agents to Deal With Hail Damage
Oct 7 2015 // The unusually large hail that recently pounded Las Cruces, N.M. has residents scrambling to call insurance agents over damaged roofs and dented vehicles. Saturday’s storm dropped golf ball-sized hail left Sonoma...
Tropical Rains a Mixed Bag for Southwest Drought Relief
Sep 24 2015 // The tropical Pacific is sending a big dollop of rain into the U.S. Southwest. While it won’t help much in drought-ridden California, it’s another step in the right direction for Arizona and New Mexico. The...