Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
N.M., Idaho Customers to Share in $40 Million State Farm Settlement
Jan 12 2005 // Some New Mexico consumers will share in a $40 million settlement between states and State Farm Mutual Insurance Company. State Farm failed to properly title some vehicles for salvage, Attorney General Patricia Madrid...
Willis Acquires Mexican Broker Maisterrena
Dec 21 2004 // Global insurance broker, Willis Group Holdings, announced the purchase of the business of the insurance broker Maisterrena Asesores, Agente de Seguros y De Fianzas, SA de CV. The terms of the transaction were not...
Health Care Service May Add Okla.’s Largest Insurer
Dec 17 2004 // Health Care Service Corp. is considering adding Blue Cross and Blue Shield of Oklahoma to its network of insurance providers in Illinois, Texas and New Mexico, according to the Associated Press and the Tulsa World. The...
Fitch Affirms Reaseguradora Patria ‘BBB’ Rating
Oct 6 2004 // Fitch Ratings announced that it has affirmed Reaseguradora Patria, S.A. (Patria)’s ‘BBB’ international scale insurer financial strength (IFS) rating with a stable outlook. The rating agency also noted...
Haitian Flood Deaths over 1,000; Bahamas on Alert as Jeanne Nears; Ivan Poses New Threat
Sep 23 2004 // As the floods caused by Tropical Storm Jeanne slowly recede, Haitians are discovering even more devastation and loss of life. More than 1,000 persons have died in the northern city of Gonaives, and another 1,200 are still...
RMS: Potential Losses for Ivan $4 to $10 Billion
Sep 15 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, said that insured losses in the U.S. could range from $4 to $10 billion if Hurricane Ivan follows the latest...
Ivan Skirts Cuba, Yucatan; Heads for U.S. Gulf Coast
Sep 14 2004 // Powerful Hurricane Ivan continues to play cat and mouse with forecasters. As of yesterday morning the Category 5 storm was headed for Western Cuba, but just before hitting the island, Ivan moved westward. The main body of...
Long-Term Health Care Costs Loom Large for Governors
Sep 6 2004 // Soaring health care costs, coupled with the looming retirement of a record 77 million Americans starting in 2011, are casting a shadow of concern over states that worry their public health care systems can’t shoulder...
New Mexico’s Med-Mal Rates Up 9.8 Percent
Aug 16 2004 // The high cost of medical care just got higher. R. Kevin Clinton, president of American Physicians Capital Inc., told leaders of the New Mexico Medical Society that medical malpractice insurance premiums have increased an...
Sanborn’s Mexico Insurance adds AIG to e-Commerce site
Aug 10 2004 // Sanborn’s Mexico Auto Insurance, a division of Travco Services Inc, is pleased to announce the addition of AIG Mexico Seguros Interamericana, S.A. de C.V. to their e-commerce solution to sell southbound Mexico...
Insurance Auto Auctions Opens El Paso Facility
Jul 6 2004 // Insurance Auto Auctions Inc., a provider of automotive salvage and claims processing services in the United States, announced the opening of a new greenfield facility in El Paso, Texas. This new 8-acre facility will...
Supreme Court Ruling Paves the Way for NAFTA
Jun 21 2004 // The U.S. Supreme Court unanimously agreed to overturn a lower court ruling that had required the U.S. Department of Transportation to undertake an environmental impact study under the Clean Air Act before opening the...
PCI Calls Safety Rule Enforcement Most Important Concern after NAFTA Trucking Decision
Jun 10 2004 // The Property Casualty Insurers Association of America has issued a comment on the recent unanimous decision by the Supreme Court to allow Mexican trucks to use U.S. highways (See IJ Web site June 7). The PCI said the...
State Farm Drops Auto Insurance Rates in New Mexico
May 10 2004 // State Farm Insurance, New Mexico’s largest auto insurer, is lowering customer rates by an average of 5 percent statewide thanks to fewer claims. Illinois-based State Farm, which handles more than 282,400 insurance...
State of New Mexico to Motorists: Insure That Car or Lose Registration
Apr 29 2004 // New Mexico is ready for step two in its effort to increase the number of insured vehicles on its roads: suspending the registration of nearly 300,000 uninsured vehicles. The suspensions, which will begin next week, are...
New Mexico Court Invalidates Family Exclusions in Umbrella Policies
Apr 26 2004 // Insurance companies in New Mexico may no longer exclude family members from coverage under so-called umbrella policies, the state Supreme Court has ruled in two cases involving auto accidents. Such exclusions “are...
Sanborn’s Mexico Insurance announces release of E-Commerce site
Apr 20 2004 // Sanborn’s Mexico Auto Insurance, a division of Travco Services Inc, is pleased to announce the release of an e-commerce site to sell southbound Mexico insurance. The site, developed through Insurance Technologies...
Industry Has Productive Legislative Session in New Mexico
Mar 22 2004 // The New Mexico legislature’s regular 30-day session adjourned Feb. 19. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask legislators to consider...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
Industry Has Productive Legislative Session in New Mexico
Mar 1 2004 // The New Mexico legislature’s regular 30-day session adjourned at noon on Feb. 19, 2004. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask...
