Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
Willis Appoints Damiron to Head Mexican Retail Operations
Sep 29 2010 // Willis North America, a unit of Willis Group Holdings, has appointed Hilaire Damiron as the new CEO of Willis Mexico, effective immediately. He has been serving as the interim CEO since August 2009. He is based in Mexico...
Alabama Expects Billions from BP for Oil Spill Impact
Sep 28 2010 // Alabama expects to receive billions of dollars in penalties from BP Plc in the wake of the oil spill in the Gulf of Mexico, a state commission said Monday. BP and the White House will probably soon reach an agreement on...
AIR Estimates Mexico Insured Losses from Karl at $102-$206 Million
Sep 24 2010 // According to catastrophe modeling firm AIR Worldwide, Hurricane Karl, which made its second landfall in Mexico last Friday as a Category 3 storm on the Saffir-Simpson Wind Scale, has caused several rivers and canals to...
Tropical Storm Matthew Heading for Central America
Sep 24 2010 // Tropical Storm Matthew formed over the western Caribbean Thursday and was expected to hit Central America as early as Friday, the U.S. National Hurricane Center said. The storm, which had maximum sustained winds of 45 mph...
Hurricane Igor Heads North After Battering Bermuda
Sep 21 2010 // Hurricane Igor barreled north Monday on a path expected to take it near Newfoundland and energy interests off eastern Canada, after battering Bermuda with heavy winds, waves and rain that caused damage but no...
Hurricane Karl Bears Down on Mexico’s Gulf Coast
Sep 17 2010 // Hurricane Karl bore down on Mexico’s central Gulf Coast on Friday, threatening to cause flash floods and mudslides, but it appeared to have spared Mexican offshore oil operations from major damage. Karl, which was...
Tropical Storm Karl Hits Yucatan, Some Evacuations Ordered
Sep 15 2010 // Tropical Storm Karl hit Mexico’s Yucatan Peninsula Wednesday and was expected to head into the Gulf of Mexico, threatening Mexican oil installations and possibly gaining hurricane strength. Mexico’s state-run...
One Death Reported as Blast Rips Through Mexico Oil Refinery
Sep 8 2010 // An explosion ripped through a major Mexican refinery Tuesday, killing one worker and pushing gasoline and diesel prices higher on worries state oil monopoly Pemex will have to import more fuel. Pemex, the world’s No....
Tropical Storm Hermine Slams into Northeastern Mexico
Sep 7 2010 // Tropical Storm Hermine slammed into northeastern Mexico near the Texas border Monday, dumping heavy rain on a region still recovering from Hurricane Alex’s visit in June. Hermine, the eighth named storm of the...
Tropical Storm Hermine Brings Heavy Rains, Wind to South Texas
Sep 7 2010 // Tropical Storm Hermine blew into the border region between Texas and Mexico late Monday night, landing in Northeast Mexico and crossing into Texas early Tuesday morning, bringing with it 60 mph winds, heavy rains and...
New Tropical Depression Forms in Eastern Atlantic
Aug 25 2010 // Tropical Depression Seven formed in the far eastern Atlantic Ocean on Wednesday, one of three systems the U.S. National Hurricane Center was monitoring, but none were so far expected to threaten energy production in the...
Tropical Cyclone Heads for Northern Gulf of Mexico
Aug 15 2010 // An area of low pressure moving over the Florida Panhandle was expected to track southward into the northern Gulf of Mexico by early Monday and had a 50 percent chance of becoming a tropical cyclone in the next 48 hours,...
August Begins Busiest Phase for Hurricane Season
Aug 10 2010 // Record high ocean temperatures and the development of a climate phenomenon known as La Nina will keep the Atlantic hurricane season on track to be the busiest since 2005, according to government forecasters. The National...
New Mexico City Makes Sure Residents Able to Get Insurance
Aug 9 2010 // Farmington, N.M., city councilors have passed an ordinance that will keep residents eligible for flood insurance coverage backed by the federal government. The vote came less than a week after the northwestern New Mexico...
75% Chance of Major Hurricane Hitting Atlantic Coast, Says Forecaster
Aug 5 2010 // The Colorado State University forecasting team Wednesday maintained its 2010 Atlantic hurricane season forecast of 18 named tropical storms, 10 expected to become hurricanes. It predicted five of the hurricanes would be...
New Mexico Apoints Franchini Insurance Superintendent
Jul 30 2010 // The New Mexico Public Regulation Commission has appointed John G. Franchini Superintendent of Insurance by a 4-1 vote. Franchini, a New Mexico native, boasts nearly four decades of insurance industry-related experience and...
BP Test of New Cap on Gulf Oil Well Could Be Turning Point
Jul 13 2010 // BP Plc prepared on Tuesday to test a new cap on its runaway well, arresting the flow of oil which has been gushing into the Gulf of Mexico for the last 12 weeks. [According to Reuters BP Plc will launch a test to gauge...
AIR Estimates Mexico’s Hurricane Alex Insured Loss under $200 Million
Jul 2 2010 // Catastrophe risk modeling firm AIR Worldwide estimates that insurable losses (losses from properties that are eligible for insurance, whether or not they are actually insured) from Hurricane Alex are not expected to exceed...
Hurricane Alex Weakens to Tropical Storm
Jul 1 2010 // Hurricane Alex weakened to a tropical storm Thursday as it moved further inland over northeastern Mexico, dumping heavy rains that flooded cities but sparing U.S. oil facilities near its path. Rain from the first named...
Hurricane Alex Could Reach Land Today in Mexico, Texas
Jun 30 2010 // Hurricane Alex strengthened in the Gulf of Mexico early Wednesday and was expected to make landfall later in the day but skirt Mexican oil rigs and U.S. oil fields, alleviating concerns in crude markets. The first named...
