Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
Mexico Buys $400 Million of Disaster Insurance
Jun 13 2011 // Mexico Friday announced that it has bought more than $400 million worth of insurance to protect vulnerable areas from the impact of hurricanes and other natural disasters. Mexico purchased 4.8 billion pesos ($404 million)...
Adrian is First Hurricane of 2011 Pacific Season
Jun 9 2011 // Tropical Storm Adrian strengthened to a hurricane off Mexico’s Pacific coast, becoming the first hurricane of the 2011 Pacific season, the U.S. National Hurricane Center said. Mexico’s government issued a storm...
Ratings Roundup: Mapfre Tepeyac, UFP, Cotswold, Johnston Re
May 18 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Mexico’s Mapfre Tepeyac S.A., both with stable outlooks. The ratings reflect...
How to Prevent E&O Lawsuits for Black Swan Risks
May 16 2011 // The timeless maxim- “think globally, act locally” – coined in 1915 by social activist Patrick Geddes, underscores the vital importance for insurance agents to really think through the scope of their...
People
May 16 2011 // J. Smith Lanier & Co. has appointed Rosemary Blair as the new senior vice president of its International Practice. Based out of J. Smith Lanier’s Atlanta office, Blair will assist producers with their...
Baudouin Appointed CEO of Aon Global Client Network
Apr 26 2011 // Aon Risk Solutions has appointed Christopher Baudouin as chief executive officer of the Aon Global Client Network. Most recently, Baudouin served in a dual capacity as president and CEO of Aon Risk Solutions Mexico and...
BP Sues Rig Owner Transocean and Maker of Blowout Preventer
Apr 21 2011 // On the first anniversary of the Gulf of Mexico oil spill, BP Plc sued Transocean , seeking at least $40 billion in damages and other costs from the owner of the Deepwater Horizon rig. London-based BP also sued Cameron...
BLM Instituting Fire Restrictions in Southern New Mexico
Apr 12 2011 // The Las Cruces, N.M., district of the U.S. Bureau of Land Management is instituting fire restrictions. The restrictions will go into effect April 13 because of high to extreme fire conditions. The order covers land...
U.S. Plan Would Restart Mexico Trucking
Apr 11 2011 // Long-haul trucks from Mexico would be allowed to operate throughout the United States for up to three years under a pilot plan aimed at reviving a politically sensitive trade program stalled for years. The U.S....
New Mexico Regulator OKs Insurance Company Rate Request
Apr 8 2011 // State Insurance Superintendent John Franchini has approved a double-digit rate increase for Blue Cross and Blue Shield of New Mexico. The rate increase will average 21 percent and affects about 40,000 people. The state...
Mexico Climate Change Deal to be Debated in Bangkok
Apr 1 2011 // The following is a synopsis of the subjects for a debate on climate change and the proposals made at the Cancun summit last December. LONG-TERM ACTION ON EMISSIONS The accord “recognizes that deep cuts in global...
New Mexico Wrecking Companies Alerted to Potential Fraud
Mar 28 2011 // Tbe New Mexico Public Regulation Commission’s Transportation Division has put wrecker/towing companies on notice that it will strictly enforce the provisions of the New Mexico Motor Carrier Act, in light of recent...
New Mexico Nominee Withdraws Over Liability for Background Check
Mar 2 2011 // The former U.S. senator and astronaut who withdrew his name from consideration as New Mexico’s next energy secretary is defending his stance on background checks for top state government officials. Harrison Schmitt...
New Mexico Fraud Bill Would Allow Judges to Aggregate Claims
Feb 28 2011 // The New Mexico Senate has passed a bill giving judges authority to aggregate the dollar amount of false insurance claims to determine the penalty before sentencing a fraudster. Judges can impose harsher sentences by...
New Mexico Rejects Bill to Ban Illegal Immigrant Drivers Licenses
Feb 28 2011 // New Mexico’s Senate has rejected Republican-backed proposals to stop the state from issuing driver’s licenses to illegal immigrants. Two measures failed on party-line votes, with 14 Republicans voting to end...
New Mexico Senate Confirms Workers’ Comp Director
Feb 28 2011 // The New Mexico Senate on Wednesday confirmed Ned Fuller as director of the Workers’ Compensation Administration. Fuller was nominated by Gov. Susana Martinez and began work Jan. 24 as the director designee. Fuller,...
Ratings Recap: Aegon, Grafton (Europe), AGA, Inbursa, Malayan
Feb 24 2011 // Standard & Poor’s Ratings Services has said that its ratings and outlook on Netherlands-based insurance holding company AEGON N.V. (‘A-‘/Negative/A-2) and its core insurance operating subsidiaries...
Suit Claims BP Official Quit Over Safety Issues Before Gulf Disaster
Feb 16 2011 // A former official with BP’s drilling operations in the Gulf of Mexico resigned just months before last year’s oil spill because of disagreements with the oil giant over its commitment to safety, according to a...
New Mexico Rep Wants to Eliminate Driver’s Licenses for Illegal Immigrants
Feb 15 2011 // New Mexico Rep. Andy Nunez, I-Hatch, has introduced a bill to prevent illegal immigrants from obtaining driver’s licenses. Currently, to obtain a driver’s license in the state, an applicant just needs a social...
United States Proposes to Open Roads to Mexican Trucks
Feb 7 2011 // The Obama administration on Jan. 6, 2011, proposed a new inspection and monitoring regime to permit long-haul trucks from Mexico on U.S. highways after years of delays over safety concerns and political wrangling. The...
