Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
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,...
Bank of Albuquerque awarded New Mexico insurance contract
Jun 18 2007 // The Bank of Albuquerque will be the custodian of more than $380 million in deposits from about 1,400 insurance companies doing business in New Mexico. The bank has been awarded a one-year contract, beginning July 1, to...
Hurricane forecasters agree: busy season ahead
Jun 4 2007 // Weather forecasters differ somewhat in their methodologies and numbers but appear to agree on one matter: the 2007 hurricane season looks to be a busy one along the Atlantic and Gulf coasts. They predict that anywhere from...
Hurricane forecasters agree: busy season ahead
Jun 4 2007 // Weather forecasters differ somewhat in their methodologies and numbers but appear to agree on one matter: the 2007 hurricane season looks to be a busy one along the Atlantic and Gulf coasts. They predict that anywhere from...
Hurricane forecasters agree: busy season ahead
Jun 4 2007 // Weather forecasters differ somewhat in their methodologies and numbers but appear to agree on one matter: the 2007 hurricane season looks to be a busy one along the Atlantic and Gulf coasts. They predict that anywhere from...
Hurricane forecasters agree: busy season ahead
Jun 4 2007 // Weather forecasters differ somewhat in their methodologies and numbers but appear to agree on one matter: the 2007 hurricane season looks to be a busy one along the Atlantic and Gulf coasts. They predict that anywhere from...
Mexican Court Ruling Upholds ING’s $94 Million Fertinal Settlement
May 17 2007 // Seguros ING S.A. de C.V., the Mexican insurance subsidiary of The Netherlands’ ING Group has received official notification from a federal appellate court in Mexico City that its claims dispute with the Mexican...
Feds Investigate Albuquerque-Based Surety Company
Apr 30 2007 // An Albuquerque-based business accused by the New Mexico Insurance Fraud Bureau of illegally selling insurance surety bonds in New Mexico is now being investigated by federal authorities. Agents with the U.S. Department of...
Storms Kill 10 Along Texas/Mexico Border, Gov. Declares Disaster Area
Apr 26 2007 // Texas Gov. Rick Perry has toured areas along the Texas/Mexico border that recently were hit with violent storms and tornadoes. He issued state disaster proclamations for Maverick County as a result of the damage and loss...
Underwritiers weigh design, construction of offshore oil platforms
Apr 9 2007 // Not all offshore platforms are created equal, which is why one platform will survive a storm unscathed while another nearby is completely obliterated. In order to appropriately underwrite offshore platform risk,...
New Mexico Insured Tornado Losses Estimated at $16.5 Million
Apr 6 2007 // Tornado and hail that tore across New Mexico in March has an estimated insurance price tage of $16.5 million, according to the Rocky Mountain Insurance Information Association. The association said insurance adjusters have...
New Mexico passes regulatory modernization bill
Mar 26 2007 // The New Mexico legislature has passed a bill that would establish a file and use rate regulatory system for most personal lines of insurance. The Insurance Rate Regulation Law, SB 483, applies to all kinds and lines of...
New Mexico passes regulatory modernization bill
Mar 26 2007 // The New Mexico legislature has passed a bill that would establish a file and use rate regulatory system for most personal lines of insurance. The Insurance Rate Regulation Law, SB 483, applies to all kinds and lines of...
New Mexico Approves Legislation to Limit Access to Credit Reports
Mar 20 2007 // The New Mexico legislature has passed a bill allowing consumers to place a security freeze on access to their credit report. Just before the legislative session ended, Senate Bill 165 passed, allowing at the request of the...
New Mexico Passes Regulatory Modernization Bill
Mar 19 2007 // The New Mexico legislature has passed a bill that would establish a file and use rate regulatory system for most personal lines of insurance. The Insurance Rate Regulation Law, SB 483, applies to all kinds and lines of...
Gainsco Offering Auto Insurance in New Mexico
Mar 16 2007 // Dallas-based GAINSCO Auto Insurance, which insures drivers across the Southern United States, has expanded its operations into New Mexico and will sell its personal auto policies through a network of independent insurance...
