Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
Mexico Landslide Devastates Village as Floods Spread
Nov 7 2007 // Survivors saw relatives swept away by huge waves or buried by debris after a huge landslide hit a rain-swollen river, triggering waves that essentially wiped a Chiapas hamlet off the map and left at least 16 people...
Massive Floods Hit Southern Mexico
Nov 2 2007 // A week of heavy rains unleashed massive flooding in southeastern Mexico, killing at least one person and forcing tens of thousands to flee rising waters in Tabasco and Chiapas states, officials said Wednesday. An...
Ratings Roundup: UNUM, Continental Re, Grupo Nacional, Seguros ING
Oct 31 2007 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of UK-based UNUM Limited with a negative outlook. “The ratings reflect...
Tropical Storm Melissa Strengthens in Atlantic; Lorenzo’s Rains Kill 5
Oct 1 2007 // Floodwaters from Hurricane Lorenzo were receding Sept. 29 in eastern Mexico after rains triggered mudslides and floods that killed at least five people and drove tens of thousands from their homes. Meanwhile, Tropical...
Cincinnati Insurance Co. Enters N.M.
Oct 1 2007 // Cincinnati Financial Corp. recently announced that its lead property casualty subsidiary, The Cincinnati Insurance Co., has launched operations in New Mexico on September 27th with the appointment of its first independent...
Hurricane Lorenzo Strikes Mexico
Sep 28 2007 // Lorenzo, a category 1 hurricane, has come ashore along the east-central coast of Mexico. The storm is “moving toward the west near 8 mph [13 km/hr]” according to the latest bulletin from the National Hurricane...
The CHANGING FACE of Surplus Lines Brokers
Sep 24 2007 // The surplus lines industry is never boring, never plain and certainly never black and white. Often dubbed as the innovator of new insurance products, the industry could even be considered colorful when it comes to the...
News Currents
Sep 24 2007 // Santa Rosa diocese to pay $5 million in priest sex abuse settlement The Catholic Diocese of Santa Rosa has agreed to pay more than $5 million to settle a sex abuse lawsuit involving fugitive priest Xavier Ochoa and 10...
Declarations
Sep 24 2007 // Declarations A gateway crime “Research indicates that auto theft is a gateway crime that potentially leads adolescents to more destructive behavior. … This program explores the relationship among the parties...
New Mexico Man Dies from Botulism Poisoning
Sep 24 2007 // Botulism has killed a 52-year-old Sandoval County, N.M., man, according to the state Health Department. State officials have not linked the man’s case to this summer’s recall of Castleberry’s Food Co....
Declarations
Sep 24 2007 // A gateway crime “Research indicates that auto theft is a gateway crime that potentially leads adolescents to more destructive behavior. … This program explores the relationship among the parties involved when...
Santa Rosa Diocese to Pay $5 Million in Priest Sex Abuse Settlement
Sep 14 2007 // The Catholic Diocese of Santa Rosa has agreed to pay more than $5 million to settle a sex abuse lawsuit involving fugitive priest Xavier Ochoa and 10 alleged victims, lawyers and the diocese said. The diocese will pay the...
Sens. Dorgan, Specter Move to Halt Mexican Trucks in U.S.
Sep 11 2007 // Two senators want to ban Mexican trucks from U.S. roads, saying not enough has been done to make sure they are safe. Sens. Byron Dorgan, D-N.D., and Arlen Specter, R-Pa., want to strip funding for a program launched last...
Henriette Reaches Hurricane Strength; Threatens Baja Calif.
Sep 4 2007 // Felix has a little sister in the Pacific Ocean that has already caused the deaths of 8 people from landslides triggered by heavy rains near Acapulco. The storm first formed last Thursday, Aug. 30, and has been steadily...
Former N.M. Insurance Regulator Pleads Not Guilty
Aug 28 2007 // Former New Mexico insurance regulator Joe Ruiz on Monday pleaded not guilty to federal corruption charges that arose from allegations he misused his office by soliciting payments from insurance companies in exchange for...
Former New Mexico Insurance Regulator Indicted
Aug 27 2007 // Former New Mexico state insurance regulator Joe Ruiz has been indicted on federal corruption charges for allegedly misusing his office by soliciting payments from insurance companies in exchange for reducing regulatory...
EQECAT Puts Dean Mexico Losses at ‘Less than $250 Million’
Aug 23 2007 // EQECAT, Inc announced that preliminary estimates of cumulative insured losses from Hurricane Dean in two landfalls in Mexico would not “likely exceed $250 million.” EQECAT indicated that “overall,...
AIR Estimates Dean Mexico Losses ‘Unlikely To Exceed $400 Million’
Aug 23 2007 // AIR Worldwide’s provisional assessment of the losses in Mexico from Category 5 Hurricane Dean indicated that they are “unlikely to exceed $400 million.” AIR said its estimate “covers insured losses...
RMS Estimates Dean Losses around $1.5 Billion
Aug 22 2007 // Newark, Calif.-based Risk Management Solutions announced that it estimates losses from Hurricane Dean are likely to range between $750 million and $1.5 billion. RMS’ preliminary indications show around $300 million...
Cat Five Dean Slams Yucatan
Aug 21 2007 // Hurricane Dean joined a small but devastating group of Category five hurricanes with winds in excess of 160 mph (255 kp/hr) as it slammed into the Yucatan Peninsula near the border of Mexico and Belize. News reports (BBC,...
