Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
ACE Acquires Mexico Personal Lines Insurer ABA Seguros
May 3 2013 // ACE Limited announced that it has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial Inc. for approximately $690 million in cash, after a $175 million pre-closing dividend taken by...
New Mexico Applebee’s Sued Over Drunk Pedestrian’s Death
May 2 2013 // A Taos, N.M. restaurant is facing a lawsuit over allegations that it overserved a pedestrian who was struck and killed by a pickup. The Albuquerque Journal reported Julian Varela had a blood alcohol level four times the...
World’s Hot Spots for Cargo Theft
Apr 30 2013 // Cargo theft rates in Europe increased 24 percent on average last year from 2011, and were on the rise in Asia as well, while rates in North, Central and South Americas remained consistent with prior years. The greatest...
Florida Becomes 4th State to Sue BP Over Oil Spill
Apr 22 2013 // The state of Florida filed a lawsuit last Saturday against British oil company BP and cement contractor Halliburton over the Deepwater Horizon oil spill, becoming the fourth U.S. state to seek damages for the 2010...
Panelists Named To Select New Mexico Insurance Regulator
Apr 21 2013 // Health care and insurance industry officials and a state legislator were named by Gov. Susana Martinez to a panel that will select New Mexico’s newly independent insurance regulator. A nine-member committee will name...
Drought Poses Challenges New Mexico Chile Growers
Apr 16 2013 // The worst-ever Rio Grande drought is posing plenty of challenges this season for chile growers in New Mexico. The Las Cruces Sun-News reported that one challenge is groundwater that’s applied to crops in the absence...
New Mexico Judge To Decide $14 Million ‘Lizard Man’ Suit
Apr 15 2013 // A federal judge says he will render a verdict as soon as possible in the $14 million wrongful death suit filed by the family of a samurai sword-wielding man shot and killed by a Las Cruces Police officer. The Las Cruces...
New Mexico Man Gets $70K Settlement In Mistaken ID Arrest
Apr 4 2013 // A New Mexico county is paying a $70,000 settlement to a man who was arrested and then jailed for several days after being mistaken for another man with the same name. Attorney John Day, who represents Anthony Ortiz of Rio...
New Mexico Governor Signs Space Travel Liability Bill
Apr 3 2013 // New Mexico Gov. Susana Martinez on Tuesday signed into law liability-waiving legislation aimed at saving the state’s nearly quarter-billion-dollar investment in a futuristic spaceport and retaining its anchor tenant,...
State Intelligence Report Highlights Threats to Texas
Apr 2 2013 // While organized crime is seen as the most significant public safety threat in Texas, drunk driving, natural disasters, terrorism, industrial accidents and cyber security also are among the major threats that keep lawmakers...
ACE Completes Acquisition of Mexican Surety Lines Company Fianzas Monterrey
Apr 2 2013 // ACE Limited announced that it has completed the acquisition of Fianzas Monterrey in Mexico from New York Life Insurance Company for approximately $293 million in cash. The bulletin said: “Mexico City-based Fianzas...
Laws Revamp New Mexico Regulatory Agency, Insurance Office
Apr 1 2013 // Gov. Susana Martinez has approved measures revamping the Public Regulation Commission, including increasing qualifications for future members. Bills signed into law on Friday will transfer the registration of corporations...
Proceedings Sought For New Mexico Gas Explosion
Mar 29 2013 // New Mexico pipeline safety regulators say New Mexico Gas Co. violated state laws and federal regulations during work that occurred before a 2012 explosion in a Santa Fe subdivision. The Public Regulation Commission’s...
New Mexico Jury Awards $58.5 Million In Tanker Accident
Mar 25 2013 // Jurors who wanted to send a message to the trucking industry awarded $58.5 million to the estate and family of a Carlsbad, N.M. man fatally injured in a 2010 accident when his vehicle collided with an oil industry...
New Mexico Reaches Settlement Over Massive Tire Dump
Mar 25 2013 // A massive tire dump that stretches through a remote arroyo in northeastern New Mexico will be cleaned up as part of a settlement reached with a ranching operation. State Land Commissioner Ray Powell and Environment...
New Mexico Space Industry Liability Bill Clears Legislature
Mar 25 2013 // The New Mexico Legislature gave final approval to a proposal to help the state develop a commercial space travel industry. Legislation to limit the liability of spacecraft manufacturers and their suppliers is heading to...
Proposed Settlement In New Mexico Smaller Than Jury Award
Mar 19 2013 // The family of an Iraq War veteran who was fatally shot by a police officer wanted to settle a lawsuit against the city of Albuquerque for $1 million before a judge ruled in February that the veteran was unlawfully...
New Mexico Drunken Driver Explains Suit Against Friend, Restaurants
Mar 15 2013 // A Santa Fe, N.M. man convicted of a fatal 2010 drunken-driving accident says his filing a lawsuit against two restaurants and a drinking buddy doesn’t mean he’s not taking responsibility for his actions. James...
Health Insurance Exchange Bill Clears New Mexico Senate
Mar 13 2013 // A proposal to establish a state-run health insurance exchange has passed the Senate with bipartisan support. A federal health care law calls for exchanges to serve as a marketplace for the uninsured to shop for medical...
New Mexico Space Industry Liability Bill Clears Legislature
Mar 13 2013 // The Legislature entered the final week of its 60-day session with many major issues still unresolved, but lawmakers have given final approval to a proposal to help New Mexico develop a commercial space travel...
